Cromwell Property Group
Cromwell Property Group is a real estate investment manager with $4.2 billion of assets under management in Australia and New Zealand on 30 June 2025. Cromwell is a trusted partner and investment manager to a range of local and global investors; capital providers and banking partners and has a strong track record of creating value and delivering superior risk-adjusted returns throughout the real … Read more
Cromwell Property Group (CMWCF) - Net Assets
Latest net assets as of June 2025: $1.45 Billion USD
Based on the latest financial reports, Cromwell Property Group (CMWCF) has net assets worth $1.45 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.27 Billion) and total liabilities ($816.50 Million). 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 | $1.45 Billion |
| % of Total Assets | 64.04% |
| Annual Growth Rate | -10.9% |
| 5-Year Change | -45.45% |
| 10-Year Change | N/A |
| Growth Volatility | 11.88 |
Cromwell Property Group - Net Assets Trend (2020–2025)
This chart illustrates how Cromwell Property Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cromwell Property Group (2020–2025)
The table below shows the annual net assets of Cromwell Property Group from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $1.45 Billion | -8.55% |
| 2024-06-30 | $1.59 Billion | -28.13% |
| 2023-06-30 | $2.21 Billion | -18.38% |
| 2022-06-30 | $2.71 Billion | +1.69% |
| 2021-06-30 | $2.67 Billion | +2.95% |
| 2020-06-30 | $2.59 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cromwell Property 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 decreased by 66850000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $2.29 Billion | 157.71% |
| Total Equity | $1.45 Billion | 100.00% |
Cromwell Property Group Competitors by Market Cap
The table below lists competitors of Cromwell Property Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Aohua Photoelectricity Endoscope Co. Ltd. A
SHG:688212
|
$445.95 Million |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
$446.07 Million |
|
Beijing New Space Technology Co Ltd
SHG:605178
|
$446.21 Million |
|
Fujian Nanping Sun Cable Co Ltd
SHE:002300
|
$446.22 Million |
|
Hammond Power Solutions Inc
PINK:HMDPF
|
$445.61 Million |
|
TOHO TITANIUM
F:40A
|
$445.59 Million |
|
Sage Therapeutics Inc
NASDAQ:SAGE
|
$445.41 Million |
|
Solareast Holdings Co Ltd
SHG:603366
|
$445.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cromwell Property Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,589,800,000 to 1,453,900,000, a change of -135,900,000 (-8.5%).
- Net loss of 22,600,000 reduced equity.
- Dividend payments of 78,400,000 reduced retained earnings.
- Other factors decreased equity by 34,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-22.60 Million | -1.55% |
| Dividends Paid | $78.40 Million | -5.39% |
| Other Changes | $-34.90 Million | -2.4% |
| Total Change | $- | -8.55% |
Book Value vs Market Value Analysis
This analysis compares Cromwell Property 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: 0.50x
- 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 0.28x to 0.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | $0.99 | $0.28 | x |
| 2021-06-30 | $1.02 | $0.28 | x |
| 2022-06-30 | $1.03 | $0.28 | x |
| 2023-06-30 | $0.84 | $0.28 | x |
| 2024-06-30 | $0.61 | $0.28 | x |
| 2025-06-30 | $0.56 | $0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cromwell Property 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): -1.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.80%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.56x
- Recent ROE (-1.55%) is above the historical average (-4.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 6.99% | 44.40% | 0.08x | 1.93x | $-77.80 Million |
| 2021 | 11.56% | 85.47% | 0.07x | 1.88x | $41.67 Million |
| 2022 | 9.71% | 74.67% | 0.07x | 1.86x | $-7.84 Million |
| 2023 | -20.06% | -127.02% | 0.08x | 1.91x | $-665.02 Million |
| 2024 | -34.04% | -288.28% | 0.06x | 1.94x | $-700.08 Million |
| 2025 | -1.55% | -12.80% | 0.08x | 1.56x | $-167.99 Million |
Industry Comparison
This section compares Cromwell Property Group's net assets metrics with peer companies in the REIT - Office industry.
Industry Context
- Industry: REIT - Office
- Average net assets among peers: $1,129,461,889
- Average return on equity (ROE) among peers: 1.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cromwell Property Group (CMWCF) | $1.45 Billion | 6.99% | 0.56x | $445.64 Million |
| Allied Properties Real Estate Investment Trust (APYRF) | $215.70 Million | 3.58% | 1.33x | $973.59 Million |
| Alexandria Real Estate Equities Inc (ARE) | $1.58 Billion | 5.93% | 1.94x | $7.61 Billion |
| Brandywine Realty Trust (BDN) | $1.69 Billion | 2.03% | 1.41x | $496.31 Million |
| BTB Real Estate Investment Trust (BTBIF) | $248.95 Million | 11.32% | 2.06x | $199.14 Million |
| Boston Properties Inc (BXP) | $3.00 Billion | 14.79% | 1.81x | $7.87 Billion |
| COPT Defense Properties (CDP) | $1.68 Billion | 4.55% | 1.53x | $3.58 Billion |
| City Office (CIO) | $772.63 Million | -0.35% | 0.96x | $2.76 Million |
| CLS Holdings plc (CLIHF) | $929.20 Million | -26.88% | 1.33x | $263.93 Million |
| Creative Media & Community Trust Corporation (CMCT) | $42.90 Million | 0.00% | 0.01x | $114.98K |