Capital & Counties Properties PLC
Shaftesbury Capital PLC is the leading central London mixed-use REIT and is a constituent of the FTSE-250 Index. Our property portfolio under management, valued at £5.2 billion, extends to 2.7 million square feet of lettable space across the most vibrant areas of London's West End. With a diverse mix of shops, restaurants, cafés, bars, residential apartments and offices, our destinations include … Read more
Capital & Counties Properties PLC (CCPPF) - Net Assets
Latest net assets as of December 2025: $4.57 Billion USD
Based on the latest financial reports, Capital & Counties Properties PLC (CCPPF) has net assets worth $4.57 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 ($5.88 Billion) and total liabilities ($1.31 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 | $4.57 Billion |
| % of Total Assets | 77.68% |
| Annual Growth Rate | -0.17% |
| 5-Year Change | 155.62% |
| 10-Year Change | 43.94% |
| Growth Volatility | 199.05 |
Capital & Counties Properties PLC - Net Assets Trend (2007–2025)
This chart illustrates how Capital & Counties Properties PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Capital & Counties Properties PLC (2007–2025)
The table below shows the annual net assets of Capital & Counties Properties PLC from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $4.57 Billion | +24.31% |
| 2024-12-31 | $3.67 Billion | +5.58% |
| 2023-12-31 | $3.48 Billion | +122.86% |
| 2022-12-31 | $1.56 Billion | -12.60% |
| 2021-12-31 | $1.79 Billion | +1.54% |
| 2020-12-31 | $1.76 Billion | -28.97% |
| 2019-12-31 | $2.48 Billion | -16.96% |
| 2018-12-31 | $2.98 Billion | -3.93% |
| 2017-12-31 | $3.11 Billion | -2.13% |
| 2016-12-31 | $3.17 Billion | -6.75% |
| 2015-12-31 | $3.40 Billion | +35.77% |
| 2014-12-31 | $2.51 Billion | +38.31% |
| 2013-12-31 | $1.81 Billion | +22.62% |
| 2012-12-31 | $1.48 Billion | +33.39% |
| 2011-12-31 | $1.11 Billion | +25.41% |
| 2010-12-31 | $883.40 Million | +852.97% |
| 2009-12-31 | $92.70 Million | -95.33% |
| 2008-12-31 | $1.99 Billion | -57.83% |
| 2007-12-31 | $4.71 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Capital & Counties Properties PLC'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 5.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.25 Billion | 82.29% |
| Common Stock | $488.12 Million | 12.35% |
| Other Comprehensive Income | $10.80 Million | 0.27% |
| Other Components | $201.07 Million | 5.09% |
| Total Equity | $3.95 Billion | 100.00% |
Capital & Counties Properties PLC Competitors by Market Cap
The table below lists competitors of Capital & Counties Properties PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xizang Haisco Pharmaceutical Group Co Ltd
SHE:002653
|
$1.88 Billion |
|
AMP Limited
F:AMP
|
$1.88 Billion |
|
Ningbo Ronbay New Energy Tech Ltd
SHG:688005
|
$1.88 Billion |
|
Morinaga Milk Industry Co. Ltd
F:MO8
|
$1.88 Billion |
|
Sinomach Heavy Equipment Group Co Ltd
SHG:601399
|
$1.87 Billion |
|
Guangdong Aofei Data Technology Co Ltd Class A
SHE:300738
|
$1.87 Billion |
|
Hindustan Copper Limited
NSE:HINDCOPPER
|
$1.87 Billion |
|
Jiangsu Goodwe Power Supply Technology Co Ltd
SHG:688390
|
$1.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Capital & Counties Properties PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,674,300,000 to 3,953,559,229, a change of 279,259,229 (7.6%).
- Net income of 340,144,871 contributed positively to equity growth.
- Dividend payments of 66,689,191 reduced retained earnings.
- Other comprehensive income increased equity by 10,798,249.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $340.14 Million | +8.6% |
| Dividends Paid | $66.69 Million | -1.69% |
| Other Comprehensive Income | $10.80 Million | +0.27% |
| Other Changes | $-4.99 Million | -0.13% |
| Total Change | $- | 7.60% |
Book Value vs Market Value Analysis
This analysis compares Capital & Counties Properties PLC'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 increased from 0.19x to 0.88x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $7.25 | $1.41 | x |
| 2008-12-31 | $3.15 | $1.41 | x |
| 2009-12-31 | $0.15 | $1.41 | x |
| 2010-12-31 | $1.42 | $1.41 | x |
| 2011-12-31 | $1.66 | $1.41 | x |
| 2012-12-31 | $2.07 | $1.41 | x |
| 2013-12-31 | $2.36 | $1.41 | x |
| 2014-12-31 | $3.07 | $1.41 | x |
| 2015-12-31 | $3.47 | $1.41 | x |
| 2016-12-31 | $3.32 | $1.41 | x |
| 2017-12-31 | $3.29 | $1.41 | x |
| 2018-12-31 | $3.22 | $1.41 | x |
| 2019-12-31 | $2.90 | $1.41 | x |
| 2020-12-31 | $2.06 | $1.41 | x |
| 2021-12-31 | $2.10 | $1.41 | x |
| 2022-12-31 | $1.83 | $1.41 | x |
| 2023-12-31 | $2.10 | $1.41 | x |
| 2024-12-31 | $2.01 | $1.41 | x |
| 2025-12-31 | $1.60 | $1.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Capital & Counties Properties PLC 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): 8.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 145.07%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.49x
- Recent ROE (8.60%) is above the historical average (-11.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -2.33% | -19.21% | 0.06x | 2.04x | $-555.70 Million |
| 2008 | -131.59% | -424.19% | 0.08x | 3.85x | $-2.77 Billion |
| 2009 | -141.86% | -102.98% | 0.10x | 14.50x | $-140.77 Million |
| 2010 | 14.90% | 115.74% | 0.07x | 1.89x | $43.26 Million |
| 2011 | 14.31% | 146.22% | 0.06x | 1.62x | $47.71 Million |
| 2012 | 16.24% | 262.01% | 0.05x | 1.31x | $92.22 Million |
| 2013 | 18.62% | 377.40% | 0.04x | 1.31x | $156.19 Million |
| 2014 | 17.90% | 447.26% | 0.03x | 1.23x | $197.97 Million |
| 2015 | 14.69% | 432.40% | 0.02x | 1.42x | $137.70 Million |
| 2016 | -4.23% | -146.60% | 0.02x | 1.47x | $-399.10 Million |
| 2017 | -0.01% | -0.47% | 0.02x | 1.41x | $-280.38 Million |
| 2018 | -2.08% | -79.80% | 0.02x | 1.34x | $-330.52 Million |
| 2019 | -10.24% | -326.80% | 0.03x | 1.25x | $-501.35 Million |
| 2020 | -39.93% | -950.88% | 0.03x | 1.65x | $-878.67 Million |
| 2021 | 1.95% | 46.22% | 0.03x | 1.57x | $-143.88 Million |
| 2022 | -13.56% | -241.78% | 0.04x | 1.51x | $-367.96 Million |
| 2023 | 21.56% | 378.99% | 0.04x | 1.50x | $402.38 Million |
| 2024 | 6.86% | 111.01% | 0.04x | 1.42x | $-115.33 Million |
| 2025 | 8.60% | 145.07% | 0.04x | 1.49x | $-55.21 Million |
Industry Comparison
This section compares Capital & Counties Properties PLC's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $24,220,256,252
- Average return on equity (ROE) among peers: 1.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Capital & Counties Properties PLC (CCPPF) | $4.57 Billion | -2.33% | 0.29x | $1.88 Billion |
| Agree Realty Corporation (ADC) | $137.98 Million | 10.88% | 0.90x | $9.41 Billion |
| AEORF (AEORF) | $210.91 Billion | 5.61% | 0.83x | $1.34 Billion |
| Acadia Realty Trust (AKR) | $83.00 Million | 4.58% | 2.01x | $2.69 Billion |
| Alexander & Baldwin Holdings Inc (ALEX) | $1.07 Billion | 3.30% | 0.75x | $1.50 Billion |
| Alexanders Inc (ALX) | $50.92 Million | -34.84% | 17.09x | $515.62 Million |
| Saul Centers Inc (BFS) | $-4.60 Million | 0.00% | 0.00x | $453.57 Million |
| Brixmor Property (BRX) | $2.72 Billion | 9.94% | 2.08x | $8.61 Billion |
| CBL & Associates Properties Inc (CBL) | $1.08 Billion | 10.83% | 4.49x | $694.28 Million |
| CapitaLand China Trust (CLDHF) | $1.93 Billion | 4.63% | 1.02x | $745.61 Million |