Region Group
Region Group is an internally managed real estate investment trust (REIT) with 87 convenience-based retail properties, valued at $4,374 million. We remain the largest owner of convenience-based retail centres with 7% share of the market, which is dominated by private owners. This asset class has proven to be resilient due to its exposure to nondiscretionary retail categories, including long lease… Read more
Region Group (RGN) - Net Assets
Latest net assets as of December 2025: AU$2.95 Billion AUD
Based on the latest financial reports, Region Group (RGN) has net assets worth AU$2.95 Billion AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$4.76 Billion) and total liabilities (AU$1.81 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$2.95 Billion |
| % of Total Assets | 62.02% |
| Annual Growth Rate | 9.09% |
| 5-Year Change | 5.13% |
| 10-Year Change | 103.33% |
| Growth Volatility | 8.71 |
Region Group - Net Assets Trend (2013–2025)
This chart illustrates how Region Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Region Group (2013–2025)
The table below shows the annual net assets of Region Group from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$2.86 Billion | +1.78% |
| 2024-06-30 | AU$2.81 Billion | -3.88% |
| 2023-06-30 | AU$2.93 Billion | -6.57% |
| 2022-06-30 | AU$3.13 Billion | +15.01% |
| 2021-06-30 | AU$2.72 Billion | +14.78% |
| 2020-06-30 | AU$2.37 Billion | +12.84% |
| 2019-06-30 | AU$2.10 Billion | +22.25% |
| 2018-06-30 | AU$1.72 Billion | +5.34% |
| 2017-06-30 | AU$1.63 Billion | +15.96% |
| 2016-06-30 | AU$1.41 Billion | +10.35% |
| 2015-06-30 | AU$1.28 Billion | +19.82% |
| 2014-06-30 | AU$1.07 Billion | +5.61% |
| 2013-06-30 | AU$1.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Region Group's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 70090000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$660.50 Million | 23.06% |
| Common Stock | AU$2.19 Billion | 76.41% |
| Other Comprehensive Income | AU$15.40 Million | 0.54% |
| Total Equity | AU$2.86 Billion | 100.00% |
Region Group Competitors by Market Cap
The table below lists competitors of Region Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Antong Holdings Co Ltd
SHG:600179
|
$1.50 Billion |
|
YTL Corporation Berhad
PINK:YTLCF
|
$1.50 Billion |
|
Alexander & Baldwin Holdings Inc
NYSE:ALEX
|
$1.50 Billion |
|
Sims Limited
PINK:SMUPF
|
$1.50 Billion |
|
O-I Glass Inc
NYSE:OI
|
$1.50 Billion |
|
X Trade Brokers Dom Maklerski SA
WAR:XTB
|
$1.50 Billion |
|
Longboard Pharmaceuticals Inc
NASDAQ:LBPH
|
$1.50 Billion |
|
Gland Pharma Limited
NSE:GLAND
|
$1.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Region Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,814,500,000 to 2,864,700,000, a change of 50,200,000 (1.8%).
- Net income of 212,500,000 contributed positively to equity growth.
- Dividend payments of 159,100,000 reduced retained earnings.
- Share repurchases of 5,000,000 reduced equity.
- Other comprehensive income increased equity by 1,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$212.50 Million | +7.42% |
| Dividends Paid | AU$159.10 Million | -5.55% |
| Share Repurchases | AU$5.00 Million | -0.17% |
| Other Comprehensive Income | AU$1.80 Million | +0.06% |
| Total Change | AU$- | 1.78% |
Book Value vs Market Value Analysis
This analysis compares Region Group's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.88x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.26x to 0.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-06-30 | AU$1.71 | AU$2.16 | x |
| 2014-06-30 | AU$1.65 | AU$2.16 | x |
| 2015-06-30 | AU$1.94 | AU$2.16 | x |
| 2016-06-30 | AU$1.93 | AU$2.16 | x |
| 2017-06-30 | AU$2.21 | AU$2.16 | x |
| 2018-06-30 | AU$2.30 | AU$2.16 | x |
| 2019-06-30 | AU$2.42 | AU$2.16 | x |
| 2020-06-30 | AU$2.46 | AU$2.16 | x |
| 2021-06-30 | AU$2.52 | AU$2.16 | x |
| 2022-06-30 | AU$2.82 | AU$2.16 | x |
| 2023-06-30 | AU$2.58 | AU$2.16 | x |
| 2024-06-30 | AU$2.42 | AU$2.16 | x |
| 2025-06-30 | AU$2.45 | AU$2.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Region Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.42%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 55.63%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.60x
- Recent ROE (7.42%) is below the historical average (8.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -0.75% | -6.15% | 0.08x | 1.52x | AU$-108.44 Million |
| 2014 | 10.47% | 70.45% | 0.09x | 1.57x | AU$5.04 Million |
| 2015 | 11.79% | 95.92% | 0.08x | 1.58x | AU$22.82 Million |
| 2016 | 13.11% | 101.21% | 0.08x | 1.60x | AU$43.81 Million |
| 2017 | 19.56% | 155.45% | 0.08x | 1.56x | AU$156.23 Million |
| 2018 | 10.18% | 80.55% | 0.08x | 1.57x | AU$3.10 Million |
| 2019 | 5.21% | 40.41% | 0.08x | 1.60x | AU$-100.79 Million |
| 2020 | 3.60% | 30.07% | 0.08x | 1.51x | AU$-151.90 Million |
| 2021 | 16.99% | 140.40% | 0.08x | 1.54x | AU$190.42 Million |
| 2022 | 15.54% | 156.22% | 0.07x | 1.50x | AU$173.71 Million |
| 2023 | -4.22% | -33.98% | 0.08x | 1.58x | AU$-416.40 Million |
| 2024 | 0.61% | 4.65% | 0.08x | 1.62x | AU$-264.15 Million |
| 2025 | 7.42% | 55.63% | 0.08x | 1.60x | AU$-73.97 Million |
Industry Comparison
This section compares Region Group's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $380,117,333
- Average return on equity (ROE) among peers: 7.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Region Group (RGN) | AU$2.95 Billion | -0.75% | 0.61x | $1.50 Billion |
| Carindale Property Trust (CDP) | $569.84 Million | 4.74% | 0.44x | $80.54 Million |
| Charter Hall Retail REIT (CQR) | $117.24 Million | 0.65% | 0.64x | $1.08 Billion |
| Dexus Convenience Retail REIT (DXC) | $453.27 Million | 16.29% | 0.43x | $210.31 Million |