Scentre Group (SCG) - Net Assets

Latest as of December 2025: AU$19.08 Billion AUD ≈ $13.50 Billion USD

Based on the latest financial reports, Scentre Group (SCG) has net assets worth AU$19.08 Billion AUD (≈ $13.50 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$35.40 Billion ≈ $25.05 Billion USD) and total liabilities (AU$16.32 Billion ≈ $11.55 Billion USD). 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. Check Scentre Group (SCG) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$19.08 Billion
% of Total Assets	53.89%
Annual Growth Rate	3.75%
5-Year Change	-0.51%
10-Year Change	-3.43%
Growth Volatility	15.86

Scentre Group - Net Assets Trend (2009–2025)

This chart illustrates how Scentre Group's net assets have evolved over time, based on quarterly financial data. See Scentre Group (SCG) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Scentre Group (2009–2025)

The table below shows the annual net assets of Scentre Group from 2009 to 2025. For live valuation and market cap data, see market value of Scentre Group.

Year	Net Assets	Change
2025-12-31	AU$19.08 Billion ≈ $13.50 Billion	+4.88%
2024-12-31	AU$18.19 Billion ≈ $12.87 Billion	+0.92%
2023-12-31	AU$18.02 Billion ≈ $12.75 Billion	-3.72%
2022-12-31	AU$18.72 Billion ≈ $13.25 Billion	-2.37%
2021-12-31	AU$19.17 Billion ≈ $13.57 Billion	+0.95%
2020-12-31	AU$18.99 Billion ≈ $13.44 Billion	-19.34%
2019-12-31	AU$23.55 Billion ≈ $16.66 Billion	-1.33%
2018-12-31	AU$23.87 Billion ≈ $16.89 Billion	+4.76%
2017-12-31	AU$22.78 Billion ≈ $16.12 Billion	+15.32%
2016-12-31	AU$19.75 Billion ≈ $13.98 Billion	+10.32%
2015-12-31	AU$17.91 Billion ≈ $12.67 Billion	+8.99%
2014-12-31	AU$16.43 Billion ≈ $11.62 Billion	+56.83%
2013-12-31	AU$10.48 Billion ≈ $7.41 Billion	+0.67%
2012-12-31	AU$10.41 Billion ≈ $7.36 Billion	+4.45%
2011-12-31	AU$9.96 Billion ≈ $7.05 Billion	-5.93%
2009-12-31	AU$10.59 Billion ≈ $7.49 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Scentre 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 878350000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	AU$8.78 Billion	46.51%
Common Stock	AU$10.09 Billion	53.45%
Other Comprehensive Income	AU$6.80 Million	0.04%
Total Equity	AU$18.89 Billion	100.00%

Scentre Group Competitors by Market Cap

The table below lists competitors of Scentre Group ranked by their market capitalization.

Company	Market Cap
Galp Energia SGPS S.A. LS:GALP	$13.45 Billion
China Petroleum & Chemical Corporation F:CHU	$13.45 Billion
JERONIMO MARTINS UN.ADR/2 F:JEM0	$13.46 Billion
Pilbara Minerals Ltd AU:PLS	$13.46 Billion
Shenzhen Megmeet Electrical Co Ltd SHE:002851	$13.45 Billion
ASR Nederland NV AS:ASRNL	$13.43 Billion
Jones Lang LaSalle Incorporated NYSE:JLL	$13.42 Billion
Cholamandalam Investment and Finance Company Limited NSE:CHOLAFIN	$13.42 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Scentre Group's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 18,189,400,000 to 18,885,000,000, a change of 695,600,000 (3.8%).
Net income of 1,778,500,000 contributed positively to equity growth.
Dividend payments of 857,000,000 reduced retained earnings.
Other comprehensive income decreased equity by 61,400,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$1.78 Billion	+9.42%
Dividends Paid	AU$857.00 Million	-4.54%
Other Comprehensive Income	AU$-61.40 Million	-0.33%
Other Changes	AU$-164.50 Million	-0.87%
Total Change	AU$-	3.82%

Book Value vs Market Value Analysis

This analysis compares Scentre 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: 1.01x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	AU$3.47	AU$3.64	x
2011-12-31	AU$3.26	AU$3.64	x
2012-12-31	AU$3.41	AU$3.64	x
2013-12-31	AU$3.48	AU$3.64	x
2014-12-31	AU$4.07	AU$3.64	x
2015-12-31	AU$3.31	AU$3.64	x
2016-12-31	AU$3.66	AU$3.64	x
2017-12-31	AU$4.23	AU$3.64	x
2018-12-31	AU$4.44	AU$3.64	x
2019-12-31	AU$4.40	AU$3.64	x
2020-12-31	AU$3.63	AU$3.64	x
2021-12-31	AU$3.65	AU$3.64	x
2022-12-31	AU$3.56	AU$3.64	x
2023-12-31	AU$3.43	AU$3.64	x
2024-12-31	AU$3.49	AU$3.64	x
2025-12-31	AU$3.61	AU$3.64	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Scentre 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): 9.42%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 66.24%
• Asset Turnover: 0.08x
• Equity Multiplier: 1.87x
Recent ROE (9.42%) is above the historical average (6.73%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	9.80%	203.18%	0.04x	1.29x	AU$-20.13 Million
2012	7.98%	161.45%	0.04x	1.28x	AU$-209.72 Million
2013	7.42%	145.44%	0.04x	1.32x	AU$-270.43 Million
2014	8.93%	66.71%	0.07x	1.94x	AU$-173.19 Million
2015	15.35%	94.42%	0.09x	1.81x	AU$943.84 Million
2016	15.35%	118.64%	0.07x	1.74x	AU$1.04 Billion
2017	18.72%	170.79%	0.07x	1.66x	AU$1.96 Billion
2018	9.68%	86.80%	0.06x	1.73x	AU$-76.57 Million
2019	5.05%	45.08%	0.07x	1.71x	AU$-1.15 Billion
2020	-19.82%	-172.58%	0.06x	2.02x	AU$-5.61 Billion
2021	4.67%	38.93%	0.06x	1.93x	AU$-1.01 Billion
2022	1.62%	12.23%	0.07x	2.00x	AU$-1.55 Billion
2023	0.98%	6.97%	0.07x	2.00x	AU$-1.61 Billion
2024	5.77%	39.81%	0.07x	2.00x	AU$-769.14 Million
2025	9.42%	66.24%	0.08x	1.87x	AU$-110.00 Million

Industry Comparison

This section compares Scentre Group's net assets metrics with peer companies in the REIT - Retail industry.

Industry Context

Industry: REIT - Retail
Average net assets among peers: $5,286,634,428
Average return on equity (ROE) among peers: 5.84%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Scentre Group (SCG)	AU$19.08 Billion	9.80%	0.86x	$13.45 Billion
Carindale Property Trust (CDP)	$252.84 Million	5.86%	0.19x	$317.30 Million
Charter Hall Retail REIT (CQR)	$1.12 Billion	4.85%	0.83x	$1.50 Billion
Dexus Convenience Retail REIT (DXC)	$215.50 Million	2.49%	0.43x	$563.43 Million
Homeco Daily Needs REIT (HDN)	$3.14 Billion	10.68%	0.55x	$1.78 Billion
Region Group (RGN)	$2.72 Billion	16.99%	0.54x	$1.80 Billion
Unibail-Rodamco-Westfield (URW)	$18.92 Billion	-5.14%	1.90x	$16.52 Billion
Vicinity Centres (VCX)	$10.64 Billion	5.14%	0.48x	$7.95 Billion

About Scentre Group

AU:SCG Australia REIT - Retail

Market Cap

$13.45 Billion

AU$19.01 Billion AUD

Market Cap Rank

#1777 Global

#35 in Australia

Share Price

AU$3.64

Change (1 day)

-1.09%

52-Week Range

AU$3.32 - AU$4.23

All Time High

AU$4.23