Stockland (SGP) - Net Assets
Based on the latest financial reports, Stockland (SGP) has net assets worth AU$10.19 Billion AUD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$17.74 Billion) and total liabilities (AU$7.56 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$10.19 Billion |
| % of Total Assets | 57.4% |
| Annual Growth Rate | 8.71% |
| 5-Year Change | 6.27% |
| 10-Year Change | 10.06% |
| Growth Volatility | 17.73 |
Stockland - Net Assets Trend (1989–2025)
This chart illustrates how Stockland's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Stockland (1989–2025)
The table below shows the annual net assets of Stockland from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$10.19 Billion | +2.95% |
| 2024-06-30 | AU$9.89 Billion | -2.78% |
| 2023-06-30 | AU$10.18 Billion | -1.79% |
| 2022-06-30 | AU$10.36 Billion | +8.11% |
| 2021-06-30 | AU$9.58 Billion | +5.54% |
| 2020-06-30 | AU$9.08 Billion | -7.60% |
| 2019-06-30 | AU$9.83 Billion | -5.28% |
| 2018-06-30 | AU$10.38 Billion | +4.52% |
| 2017-06-30 | AU$9.93 Billion | +7.27% |
| 2016-06-30 | AU$9.25 Billion | +5.31% |
| 2015-06-30 | AU$8.79 Billion | +5.89% |
| 2014-06-30 | AU$8.30 Billion | +1.26% |
| 2013-06-30 | AU$8.19 Billion | -0.40% |
| 2012-06-30 | AU$8.23 Billion | -6.50% |
| 2011-06-30 | AU$8.80 Billion | +1.55% |
| 2010-06-30 | AU$8.67 Billion | -0.32% |
| 2009-06-30 | AU$8.69 Billion | +2.46% |
| 2008-06-30 | AU$8.48 Billion | +3.23% |
| 2007-06-30 | AU$8.22 Billion | +28.50% |
| 2006-06-30 | AU$6.40 Billion | +15.94% |
| 2005-06-30 | AU$5.52 Billion | +9.59% |
| 2004-06-30 | AU$5.03 Billion | +25.83% |
| 2003-06-30 | AU$4.00 Billion | +51.35% |
| 2002-06-30 | AU$2.64 Billion | +9.69% |
| 2001-06-30 | AU$2.41 Billion | +92.60% |
| 2000-06-30 | AU$1.25 Billion | +10.68% |
| 1999-06-30 | AU$1.13 Billion | +22.75% |
| 1998-06-30 | AU$920.71 Million | +5.37% |
| 1997-06-30 | AU$873.83 Million | +1.87% |
| 1996-06-30 | AU$857.79 Million | +8.30% |
| 1995-06-30 | AU$792.02 Million | +4.12% |
| 1994-06-30 | AU$760.67 Million | +5.26% |
| 1993-06-30 | AU$722.63 Million | +7.66% |
| 1992-06-30 | AU$671.24 Million | +16.93% |
| 1991-06-30 | AU$574.03 Million | +2.44% |
| 1990-06-30 | AU$560.36 Million | +11.30% |
| 1989-06-30 | AU$503.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stockland'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 4810.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$1.44 Billion | 14.09% |
| Common Stock | AU$8.69 Billion | 85.36% |
| Other Comprehensive Income | AU$56.00 Million | 0.55% |
| Total Equity | AU$10.19 Billion | 100.00% |
Stockland Competitors by Market Cap
The table below lists competitors of Stockland ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VÃ¥r Energi ASA
F:J4V0
|
$7.41 Billion |
|
EVONIK INDUST.(U.ARD)2
F:EVKA
|
$7.41 Billion |
|
IDACORP Inc
NYSE:IDA
|
$7.41 Billion |
|
Rational AG
LSE:0FRJ
|
$7.41 Billion |
|
Full Truck Alliance Co. Ltd.
F:892
|
$7.40 Billion |
|
Qorvo Inc
NASDAQ:QRVO
|
$7.40 Billion |
|
Impack Pratama Industri Tbk
JK:IMPC
|
$7.39 Billion |
|
Cytokinetics Inc
NASDAQ:CYTK
|
$7.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stockland's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,893,000,000 to 10,185,000,000, a change of 292,000,000 (3.0%).
- Net income of 826,000,000 contributed positively to equity growth.
- Dividend payments of 525,000,000 reduced retained earnings.
- Share repurchases of 31,000,000 reduced equity.
- Other comprehensive income increased equity by 20,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$826.00 Million | +8.11% |
| Dividends Paid | AU$525.00 Million | -5.15% |
| Share Repurchases | AU$31.00 Million | -0.3% |
| Other Comprehensive Income | AU$20.00 Million | +0.2% |
| Other Changes | AU$2.00 Million | +0.02% |
| Total Change | AU$- | 2.95% |
Book Value vs Market Value Analysis
This analysis compares Stockland'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: 1.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.28x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$1.89 | AU$4.32 | x |
| 1990-06-30 | AU$2.08 | AU$4.32 | x |
| 1991-06-30 | AU$2.09 | AU$4.32 | x |
| 1992-06-30 | AU$2.39 | AU$4.32 | x |
| 1993-06-30 | AU$2.51 | AU$4.32 | x |
| 1994-06-30 | AU$2.46 | AU$4.32 | x |
| 1995-06-30 | AU$2.44 | AU$4.32 | x |
| 1996-06-30 | AU$2.55 | AU$4.32 | x |
| 1997-06-30 | AU$2.24 | AU$4.32 | x |
| 1998-06-30 | AU$2.36 | AU$4.32 | x |
| 1999-06-30 | AU$2.69 | AU$4.32 | x |
| 2000-06-30 | AU$2.60 | AU$4.32 | x |
| 2001-06-30 | AU$3.25 | AU$4.32 | x |
| 2002-06-30 | AU$3.07 | AU$4.32 | x |
| 2003-06-30 | AU$4.00 | AU$4.32 | x |
| 2004-06-30 | AU$3.95 | AU$4.32 | x |
| 2005-06-30 | AU$3.83 | AU$4.32 | x |
| 2006-06-30 | AU$4.53 | AU$4.32 | x |
| 2007-06-30 | AU$5.56 | AU$4.32 | x |
| 2008-06-30 | AU$5.48 | AU$4.32 | x |
| 2009-06-30 | AU$5.02 | AU$4.32 | x |
| 2010-06-30 | AU$3.60 | AU$4.32 | x |
| 2011-06-30 | AU$3.66 | AU$4.32 | x |
| 2012-06-30 | AU$3.57 | AU$4.32 | x |
| 2013-06-30 | AU$3.70 | AU$4.32 | x |
| 2014-06-30 | AU$3.58 | AU$4.32 | x |
| 2015-06-30 | AU$3.74 | AU$4.32 | x |
| 2016-06-30 | AU$3.89 | AU$4.32 | x |
| 2017-06-30 | AU$4.12 | AU$4.32 | x |
| 2018-06-30 | AU$4.27 | AU$4.32 | x |
| 2019-06-30 | AU$4.09 | AU$4.32 | x |
| 2020-06-30 | AU$3.82 | AU$4.32 | x |
| 2021-06-30 | AU$4.01 | AU$4.32 | x |
| 2022-06-30 | AU$4.33 | AU$4.32 | x |
| 2023-06-30 | AU$4.24 | AU$4.32 | x |
| 2024-06-30 | AU$4.12 | AU$4.32 | x |
| 2025-06-30 | AU$4.23 | AU$4.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stockland utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.38%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.74x
- Recent ROE (8.11%) is above the historical average (5.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | -0.37% | 0.00% | 0.00x | 1.09x | AU$-69.59 Million |
| 1993 | -1.37% | 0.00% | 0.00x | 1.11x | AU$-82.14 Million |
| 1994 | -1.30% | 0.00% | 0.00x | 1.11x | AU$-85.95 Million |
| 1995 | -1.19% | 0.00% | 0.00x | 1.09x | AU$-88.61 Million |
| 1996 | -1.10% | 0.00% | 0.00x | 1.09x | AU$-95.18 Million |
| 1997 | 10.11% | 45.09% | 0.18x | 1.23x | AU$991.80K |
| 1998 | 10.01% | 0.00% | 0.00x | 1.22x | AU$121.50K |
| 1999 | 8.92% | 0.00% | 0.00x | 1.13x | AU$-12.25 Million |
| 2000 | -0.61% | -2.34% | 0.18x | 1.43x | AU$-125.16 Million |
| 2001 | -0.30% | -1.18% | 0.18x | 1.45x | AU$-240.81 Million |
| 2002 | -0.01% | -0.02% | 0.22x | 1.26x | AU$-264.42 Million |
| 2003 | 1.79% | 8.32% | 0.13x | 1.65x | AU$-295.65 Million |
| 2004 | 11.42% | 48.37% | 0.16x | 1.43x | AU$71.40 Million |
| 2005 | 7.35% | 27.79% | 0.17x | 1.52x | AU$-145.90 Million |
| 2006 | 16.60% | 66.64% | 0.17x | 1.50x | AU$422.09 Million |
| 2007 | 20.88% | 82.06% | 0.15x | 1.67x | AU$894.51 Million |
| 2008 | 8.31% | 33.08% | 0.15x | 1.73x | AU$-143.22 Million |
| 2009 | -20.74% | -98.28% | 0.13x | 1.66x | AU$-2.67 Billion |
| 2010 | 5.52% | 23.45% | 0.14x | 1.64x | AU$-388.11 Million |
| 2011 | 8.58% | 32.12% | 0.16x | 1.66x | AU$-125.34 Million |
| 2012 | 5.92% | 24.81% | 0.14x | 1.77x | AU$-335.74 Million |
| 2013 | 1.28% | 5.90% | 0.13x | 1.72x | AU$-714.89 Million |
| 2014 | 6.35% | 26.39% | 0.13x | 1.80x | AU$-302.80 Million |
| 2015 | 10.28% | 41.84% | 0.14x | 1.79x | AU$24.30 Million |
| 2016 | 9.61% | 37.69% | 0.14x | 1.83x | AU$-36.40 Million |
| 2017 | 12.04% | 43.09% | 0.16x | 1.76x | AU$202.30 Million |
| 2018 | 9.88% | 36.04% | 0.15x | 1.86x | AU$-12.60 Million |
| 2019 | 3.16% | 11.32% | 0.14x | 1.93x | AU$-671.80 Million |
| 2020 | -0.23% | -0.75% | 0.15x | 2.11x | AU$-929.10 Million |
| 2021 | 11.53% | 40.48% | 0.14x | 2.01x | AU$146.60 Million |
| 2022 | 13.33% | 49.15% | 0.14x | 1.97x | AU$344.90 Million |
| 2023 | 4.32% | 15.67% | 0.17x | 1.64x | AU$-577.60 Million |
| 2024 | 3.08% | 10.20% | 0.18x | 1.72x | AU$-684.30 Million |
| 2025 | 8.11% | 26.38% | 0.18x | 1.74x | AU$-192.50 Million |
Industry Comparison
This section compares Stockland's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $2,994,441,543
- Average return on equity (ROE) among peers: 21.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stockland (SGP) | AU$10.19 Billion | -0.37% | 0.74x | $7.40 Billion |
| Abacus Group (ABG) | $2.90 Billion | 12.73% | 0.40x | $632.32 Million |
| Charter Hall Group (CHC) | $1.31 Billion | 16.42% | 0.08x | $6.95 Billion |
| Charter Hall Long Wale REIT (CLW) | $4.07 Billion | -4.64% | 0.52x | $1.76 Billion |
| Centuria Capital Group (CNI) | $118.85 Million | 7.21% | 3.64x | $936.76 Million |
| Fat Prophets Global Property Fund (FPP) | $18.83 Million | 8.83% | 0.04x | $14.61 Million |
| Goodman Group (GMG) | $3.97 Billion | 12.59% | 0.70x | $42.51 Billion |
| GPT Group (GPT) | $6.93 Billion | 9.31% | 0.47x | $6.33 Billion |
| HMC Capital Ltd (HMC) | $446.54 Million | 115.62% | 1.01x | $721.12 Million |
| Mirvac Group (MGR) | $7.18 Billion | 14.39% | 0.56x | $4.97 Billion |
About Stockland
Stockland is a leading creator and curator of connected communities with people at the heart of the places we create. For more than 70 years, we have built a proud legacy, helping more Australians achieve the dream of home ownership, and enabling the future of work and retail. Today, we continue to build on our history as one of Australia's largest diversified property groups to elevate the socia… Read more