AEORF
AEON REIT Investment Corporation (hereinafter, "AEON REIT") invests primarily in retail and related properties which, as an integral part of the communities in which they are located, form the backbone of communities and their retail business infrastructure. Through said investment, we aim to ensure stable earnings over the medium to long term and achieve steady portfolio growth. AEON REIT was es… Read more
AEORF (AEORF) - Net Assets
Latest net assets as of January 2025: $243.81 Billion USD
Based on the latest financial reports, AEORF (AEORF) has net assets worth $243.81 Billion USD as of January 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($451.15 Billion) and total liabilities ($207.34 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 | $243.81 Billion |
| % of Total Assets | 54.04% |
| Annual Growth Rate | 5.37% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.12 |
AEORF - Net Assets Trend (2021–2024)
This chart illustrates how AEORF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AEORF (2021–2024)
The table below shows the annual net assets of AEORF from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-07-31 | $246.75 Billion | -0.26% |
| 2023-07-31 | $247.39 Billion | +4.56% |
| 2022-07-31 | $236.61 Billion | +12.18% |
| 2021-07-31 | $210.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AEORF'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 12.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (July 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $6.60 Billion | 2.67% |
| Other Components | $240.15 Billion | 97.33% |
| Total Equity | $246.75 Billion | 100.00% |
AEORF Competitors by Market Cap
The table below lists competitors of AEORF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guobo Electronics Co. Ltd. A
SHG:688375
|
$1.34 Billion |
|
Zhuhai Orbita Control Eng
SHE:300053
|
$1.34 Billion |
|
Lakeland Financial Corporation
NASDAQ:LKFN
|
$1.34 Billion |
|
Shenzhen FRD Science & Technology Co Ltd
SHE:300602
|
$1.34 Billion |
|
Pinnacle Investment Management Group Ltd
AU:PNI
|
$1.34 Billion |
|
Aroundtown S.A.
LSE:0RUH
|
$1.34 Billion |
|
WALLENSTAM AB SER.B
F:WAE
|
$1.34 Billion |
|
Ingenia Communities Group
PINK:INGEF
|
$1.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AEORF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 247,392,870,000 to 246,751,274,000, a change of -641,596,000 (-0.3%).
- Net income of 13,588,882,000 contributed positively to equity growth.
- Dividend payments of 14,228,691,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $13.59 Billion | +5.51% |
| Dividends Paid | $14.23 Billion | -5.77% |
| Other Changes | $-1.79 Million | -0.0% |
| Total Change | $- | -0.26% |
Book Value vs Market Value Analysis
This analysis compares AEORF'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: 0.01x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-07-31 | $112588.06 | $813.72 | x |
| 2022-07-31 | $115730.85 | $813.72 | x |
| 2023-07-31 | $116477.62 | $813.72 | x |
| 2024-07-31 | $116175.54 | $813.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AEORF 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): 5.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.19%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.86x
- Recent ROE (5.51%) is below the historical average (5.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 5.61% | 33.43% | 0.09x | 1.83x | $-9.26 Billion |
| 2022 | 5.73% | 33.83% | 0.09x | 1.84x | $-10.11 Billion |
| 2023 | 5.57% | 33.59% | 0.09x | 1.83x | $-10.97 Billion |
| 2024 | 5.51% | 32.19% | 0.09x | 1.86x | $-11.09 Billion |
Industry Comparison
This section compares AEORF's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $1,332,663,383
- Average return on equity (ROE) among peers: 4.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AEORF (AEORF) | $243.81 Billion | 5.61% | 0.85x | $1.34 Billion |
| Agree Realty Corporation (ADC) | $685.51 Million | 6.58% | 0.62x | $9.30 Billion |
| Acadia Realty Trust (AKR) | $2.63 Billion | 0.64% | 0.84x | $2.62 Billion |
| Alexander & Baldwin Holdings Inc (ALEX) | $1.08 Billion | 4.06% | 1.19x | $1.50 Billion |
| Alexanders Inc (ALX) | $203.23 Million | 20.64% | 5.91x | $519.59 Million |
| Saul Centers Inc (BFS) | $443.36 Million | 11.67% | 2.65x | $450.59 Million |
| Brixmor Property (BRX) | $2.85 Billion | 10.70% | 1.92x | $8.61 Billion |
| CBL & Associates Properties Inc (CBL) | $419.89 Million | 0.00% | 3.40x | $690.40 Million |
| Capital & Counties Properties PLC (CCPPF) | $1.56 Billion | -13.56% | 0.51x | $1.88 Billion |
| CapitaLand China Trust (CLDHF) | $2.12 Billion | 3.62% | 0.95x | $745.61 Million |