CPN Retail Growth Leasehold REIT
CPN Retail Growth Leasehold REIT ( "CPNREIT") was established on 1 December 2017 from the conversion from CPN Retail Growth Leasehold Property Fund ("CPNRF"). The trust units of CPNREIT were first traded on the Stock Exchange of Thailand on 14 December 2017. At the end of 3Q25, CPNREIT had been investing in leasehold rights of seven shopping malls, which are Central Rama 2, Central Rama 3, Centra… Read more
CPN Retail Growth Leasehold REIT (CPNREIT) - Total Assets
Latest total assets as of September 2025: ฿93.71 Billion THB
Based on the latest financial reports, CPN Retail Growth Leasehold REIT (CPNREIT) holds total assets worth ฿93.71 Billion THB as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
CPN Retail Growth Leasehold REIT - Total Assets Trend (2008–2024)
This chart illustrates how CPN Retail Growth Leasehold REIT’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CPN Retail Growth Leasehold REIT - Asset Composition Analysis
Current Asset Composition (December 2024)
CPN Retail Growth Leasehold REIT's total assets of ฿93.71 Billion consist of 2.0% current assets and 98.0% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 1.6% |
| Accounts Receivable | ฿76.35 Million | 0.1% |
| Inventory | ฿0.00 | 0.0% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿0.00 | 0.0% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how CPN Retail Growth Leasehold REIT's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: CPN Retail Growth Leasehold REIT's current assets represent 2.0% of total assets in 2024, a decrease from 99.5% in 2008.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2024, down from 2.7% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
CPN Retail Growth Leasehold REIT Competitors by Total Assets
Key competitors of CPN Retail Growth Leasehold REIT based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Global Net Lease Inc. 7.50% Cum. Redeem. Pfd. Series D
NYSE:GNL-PD
|
USA | $4.77 Billion |
|
Jr Global Reit
KO:348950
|
Korea | ₩2.78 Trillion |
|
Ktop Reit
KO:145270
|
Korea | ₩207.84 Billion |
|
Warehouses Estates Belgium SCA
BR:WEB
|
Belgium | €346.33 Million |
|
E KOCREF CR REIT
KO:088260
|
Korea | ₩668.70 Billion |
|
Korea Asset In Trust Co Ltd
KO:123890
|
Korea | ₩1.75 Trillion |
|
Atland S.A.
PA:ATLD
|
France | €380.86 Million |
|
PARADIGM REAL ESTATE INVESTMENT TRUST
KLSE:5338
|
Malaysia | RM2.60 Billion |
CPN Retail Growth Leasehold REIT - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - CPN Retail Growth Leasehold REIT generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, CPN Retail Growth Leasehold REIT generates $ 1.84 in net profit.
CPN Retail Growth Leasehold REIT - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.13 | 0.30 | 0.85 |
| Quick Ratio | 0.13 | 0.30 | 0.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿-16.53 Billion | ฿ -5.00 Billion | ฿ -371.01 Million |
CPN Retail Growth Leasehold REIT - Advanced Valuation Insights
This section examines the relationship between CPN Retail Growth Leasehold REIT's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.99 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 13.2% |
| Total Assets | ฿92.10 Billion |
| Market Capitalization | $675.00 Million USD |
Valuation Analysis
Below Book Valuation: The market values CPN Retail Growth Leasehold REIT's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: CPN Retail Growth Leasehold REIT's assets grew by 13.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for CPN Retail Growth Leasehold REIT (2008–2024)
The table below shows the annual total assets of CPN Retail Growth Leasehold REIT from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿92.10 Billion | +13.19% |
| 2023-12-31 | ฿81.37 Billion | +1.31% |
| 2022-12-31 | ฿80.32 Billion | +1.70% |
| 2021-12-31 | ฿78.97 Billion | +10.33% |
| 2020-12-31 | ฿71.58 Billion | +53.31% |
| 2019-12-31 | ฿46.69 Billion | -0.35% |
| 2018-12-31 | ฿46.85 Billion | -0.44% |
| 2017-12-31 | ฿47.06 Billion | +40.03% |
| 2016-12-31 | ฿33.60 Billion | +2.50% |
| 2015-12-31 | ฿32.78 Billion | +5.78% |
| 2014-12-31 | ฿30.99 Billion | +56.68% |
| 2013-12-31 | ฿19.78 Billion | +3.16% |
| 2012-12-31 | ฿19.17 Billion | +3.07% |
| 2011-12-31 | ฿18.60 Billion | +1.70% |
| 2010-12-31 | ฿18.29 Billion | -0.81% |
| 2009-12-31 | ฿18.44 Billion | +54.49% |
| 2008-12-31 | ฿11.94 Billion | -- |