Vukile Property Fund Ltd Net Assets

Latest as of September 2025: ZAC31.29 Billion ZAC ≈ $16.63 Million USD

Vukile Property Fund Ltd net assets. Based on the latest financial reports, Vukile Property Fund Ltd (VKE) has net assets worth ZAC31.29 Billion ZAC (≈ $16.63 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC58.06 Billion ≈ $30.85 Million USD) and total liabilities (ZAC26.77 Billion ≈ $14.23 Million 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. Also explore VKE net assets growth trend to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric Value
Current Net Assets ZAC31.29 Billion
% of Total Assets 53.89%
Annual Growth Rate 28.09%
5-Year Change 55.04%
10-Year Change 134.87%
Growth Volatility 54.68

Net Assets of Vukile Property Fund Ltd (2005–2025)

Net assets of Vukile Property Fund Ltd from 2005 to 2025. This chart illustrates how Vukile Property Fund Ltd's net assets have evolved over time, based on quarterly financial data. See Vukile Property Fund Ltd net asset quality index to measure how much of total assets are equity-financed.

Annual Net Assets for Vukile Property Fund Ltd (2005–2025)

The table below shows the annual net assets of Vukile Property Fund Ltd from 2005 to 2025. For live market cap and overall valuation, see Vukile Property Fund Ltd market cap and net worth.

Year Net Assets Change
2025-03-31 ZAC29.33 Billion
≈ $15.59 Million		 +22.44%
2024-03-31 ZAC23.96 Billion
≈ $12.73 Million		 +11.84%
2023-03-31 ZAC21.42 Billion
≈ $11.38 Million		 +14.86%
2022-03-31 ZAC18.65 Billion
≈ $9.91 Million		 -1.43%
2021-03-31 ZAC18.92 Billion
≈ $10.06 Million		 -2.97%
2020-03-31 ZAC19.50 Billion
≈ $10.36 Million		 -6.95%
2019-03-31 ZAC20.96 Billion
≈ $11.14 Million		 +32.20%
2018-03-31 ZAC15.85 Billion
≈ $8.42 Million		 +20.22%
2017-03-31 ZAC13.18 Billion
≈ $7.01 Million		 +5.57%
2016-03-31 ZAC12.49 Billion
≈ $6.64 Million		 +20.70%
2015-03-31 ZAC10.35 Billion
≈ $5.50 Million		 +232.84%
2014-03-31 ZAC3.11 Billion
≈ $1.65 Million		 +18.37%
2013-03-31 ZAC2.63 Billion
≈ $1.40 Million		 +47.44%
2012-03-31 ZAC1.78 Billion
≈ $946.61K		 +26.82%
2011-03-31 ZAC1.40 Billion
≈ $746.45K		 +1.67%
2010-03-31 ZAC1.38 Billion
≈ $734.20K		 +20.64%
2009-03-31 ZAC1.15 Billion
≈ $608.56K		 +4.49%
2008-03-31 ZAC1.10 Billion
≈ $582.39K		 +31.06%
2007-03-31 ZAC836.14 Million
≈ $444.36K		 +73.21%
2006-03-31 ZAC482.74 Million
≈ $256.55K		 +132.51%
2005-03-31 ZAC207.62 Million
≈ $110.34K		 --

Equity Component Analysis

This analysis shows how different components contribute to Vukile Property Fund Ltd'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 264900000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Vukile Property Fund Ltd Net Assets Breakdown (March 2025)

Vukile Property Fund Ltd net assets breakdown by equity component as of March 2025.

Component Amount Percentage
Retained Earnings ZAC2.65 Billion 9.51%
Common Stock ZAC17.12 Billion 61.44%
Other Components ZAC8.10 Billion 29.05%
Total Equity ZAC27.87 Billion 100.00%

Vukile Property Fund Ltd Competitors by Market Cap

The table below lists competitors of Vukile Property Fund Ltd ranked by their market capitalization.

Company Market Cap
Veris Residential Inc
NYSE:VRE
 $1.86 Billion
Gelsenwasser AG
F:WWG
 $1.86 Billion
Visual Photonics Epitaxy Co Ltd
TW:2455
 $1.86 Billion
Jiangsu Leili Motor Corp Ltd
SHE:300660
 $1.86 Billion
Chow Tai Seng Jewellery Co Ltd
SHE:002867
 $1.86 Billion
Thai President Foods Public Company Limited
BK:TFMAMA
 $1.85 Billion
Argan SA
PA:ARG
 $1.85 Billion
Jiangsu Cnano Technology Co Ltd
SHG:688116
 $1.85 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Vukile Property Fund Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 23,803,000,000 to 27,868,000,000, a change of 4,065,000,000 (17.1%).
  • Net income of 3,209,000,000 contributed positively to equity growth.
  • Dividend payments of 1,486,000,000 reduced retained earnings.
  • New share issuances of 2,292,000,000 increased equity.
  • Other comprehensive income decreased equity by 6,765,000,000.
  • Other factors increased equity by 6,815,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC3.21 Billion +11.51%
Dividends Paid ZAC1.49 Billion -5.33%
Share Issuances ZAC2.29 Billion +8.22%
Other Comprehensive Income ZAC-6.76 Billion -24.28%
Other Changes ZAC6.82 Billion +24.45%
Total Change ZAC- 17.08%

Book Value vs Market Value Analysis

This analysis compares Vukile Property Fund Ltd'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: 108.47x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 3112.31x to 108.47x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-03-31 ZAC0.82 ZAC2550.00 x
2006-03-31 ZAC1.76 ZAC2550.00 x
2007-03-31 ZAC3.02 ZAC2550.00 x
2008-03-31 ZAC3.71 ZAC2550.00 x
2009-03-31 ZAC3.87 ZAC2550.00 x
2010-03-31 ZAC4.16 ZAC2550.00 x
2011-03-31 ZAC4.00 ZAC2550.00 x
2012-03-31 ZAC5.07 ZAC2550.00 x
2013-03-31 ZAC6.09 ZAC2550.00 x
2014-03-31 ZAC6.06 ZAC2550.00 x
2015-03-31 ZAC18.22 ZAC2550.00 x
2016-03-31 ZAC18.77 ZAC2550.00 x
2017-03-31 ZAC19.06 ZAC2550.00 x
2018-03-31 ZAC21.05 ZAC2550.00 x
2019-03-31 ZAC20.26 ZAC2550.00 x
2020-03-31 ZAC18.36 ZAC2550.00 x
2021-03-31 ZAC18.16 ZAC2550.00 x
2022-03-31 ZAC18.33 ZAC2550.00 x
2023-03-31 ZAC20.48 ZAC2550.00 x
2024-03-31 ZAC22.84 ZAC2550.00 x
2025-03-31 ZAC23.51 ZAC2550.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Vukile Property Fund Ltd 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): 11.51%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 70.82%
  • • Asset Turnover: 0.08x
  • • Equity Multiplier: 1.93x
  • Recent ROE (11.51%) is below the historical average (19.79%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 102.89% 46.51% 0.12x 17.89x ZAC168.35 Million
2006 67.26% 55.95% 0.15x 8.16x ZAC270.40 Million
2007 38.41% 55.79% 0.14x 4.98x ZAC237.53 Million
2008 18.00% 31.82% 0.14x 4.14x ZAC87.66 Million
2009 10.70% 18.04% 0.14x 4.12x ZAC8.05 Million
2010 17.05% 31.45% 0.13x 4.07x ZAC97.45 Million
2011 0.75% 1.24% 0.14x 4.40x ZAC-129.93 Million
2012 20.69% 35.69% 0.15x 3.80x ZAC190.44 Million
2013 21.84% 45.90% 0.13x 3.60x ZAC311.02 Million
2014 12.27% 24.84% 0.13x 3.76x ZAC70.55 Million
2015 15.26% 88.18% 0.12x 1.48x ZAC516.93 Million
2016 13.29% 67.73% 0.13x 1.54x ZAC392.82 Million
2017 11.44% 83.16% 0.10x 1.34x ZAC188.28 Million
2018 15.23% 118.89% 0.09x 1.48x ZAC824.93 Million
2019 9.16% 60.30% 0.08x 1.88x ZAC-156.14 Million
2020 -0.59% -2.94% 0.09x 2.28x ZAC-1.86 Billion
2021 3.36% 19.15% 0.08x 2.07x ZAC-1.15 Billion
2022 10.87% 54.94% 0.10x 1.98x ZAC152.20 Million
2023 9.62% 52.90% 0.09x 2.00x ZAC-75.70 Million
2024 6.67% 39.84% 0.09x 1.86x ZAC-793.30 Million
2025 11.51% 70.82% 0.08x 1.93x ZAC422.20 Million

Industry Comparison

This section compares Vukile Property Fund Ltd's net assets metrics with peer companies in the REIT - Retail industry.

Industry Context

  • Industry: REIT - Retail
  • Average net assets among peers: $4,525,047,261
  • Average return on equity (ROE) among peers: 13.80%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Vukile Property Fund Ltd (VKE) ZAC31.29 Billion 102.89% 0.86x $1.86 Billion
Accelerate Property Fund Ltd (APF) $7.86 Billion 13.81% 0.68x $53.27 Million
Dipula Income Fund Ltd (DIB) $6.53 Billion 11.86% 0.62x $390.43 Million
Exemplar REITail Ltd (EXP) $1.32 Billion 10.52% 0.86x $320.88 Million
Fairvest Ltd (FTA) $7.99 Billion 11.59% 0.61x $65.66 Million
Arrowhead Properties Ltd B (FTB) $1.11 Billion 14.49% 0.25x $731.29 Million
Hyprop (HYP) $3.50 Billion 30.11% 1.25x $1.33 Billion
Resilient Property Income Fund Ltd (RES) $3.37 Billion 4.19% 1.04x $1.38 Billion

About Vukile Property Fund Ltd

JSE:VKE South Africa REIT - Retail
Market Cap
$1.86 Billion
ZAC3.49 Trillion ZAC
Market Cap Rank
#6179 Global
#48 in South Africa
Share Price
ZAC2550.00
Change (1 day)
-0.66%
52-Week Range
ZAC2200.00 - ZAC2605.00
All Time High
ZAC2605.00
Categories
Companies in South Africa REIT - Retail
About

Vukile Property Fund (JSE: VKE), the leading specialist retail real estate investment trust (REIT), through its 99.5% held Spanish subsidiary Castellana Properties, has acquired the largest shopping centre in Spain's Valencia province, the iconic Bonaire Shopping Centre, from multinational retail REIT Unibail-Rodamco-Westfield. The purchase consideration of EUR 305 million represents an attractiv… Read more