Charter Hall Long WALE REIT

  • IPO date:
  • Sector: Real Estate
  • GIC Group: Equity Real Estate Investment Trusts (REITs)
  • Industry: REIT-Diversified
  • Company website

Company description

Charter Hall Long WALE REIT is an Australian Real Estate Investment Trust (REIT) listed on the ASX and investing in high quality Australasian real estate assets that are predominantly leased to corporate and government tenants on long term leases. Charter Hall Long WALE REIT is managed by Charter Hall Group (ASX:CHC). With over 30 years' experience in property investment and funds management, we're one of Australia's leading fully integrated property groups. We use our property expertise to access, deploy, manage and invest equity across our core sectors " Office, Industrial & Logistics, Retail and Social Infrastructure. Operating with prudence, we've curated a diverse $61.3 billion property portfolio of 1,516 high quality properties. With partnership at the heart of our approach, we're creating places that help grow communities, turning them into the best they can be and unlocking hidden value. Taking a long-term view, our $13.2 billion development pipeline delivers sustainable, technologically enabled projects for our customers. Charter Hall has also extended its Fund Management capability into another asset class with the 50% acquisition of the $18.2 billion listed equities Fund Manager Paradice Investment Management (PIM), which invests on behalf of wholesale and retail investors across domestic and global listed equities. The impacts of what we do are far-reaching. From helping businesses succeed by supporting their evolving workplace needs, to providing investors with superior returns for a better retirement, we're powered by the drive to go further.

Financial highlights

Market Capitalization$2335.1462 million
P/E Ratio0
P/E Growth Ratio
Book Value5.629
Dividend Per Share0.28
Earnings Per Share-0.26
EBITDA
Profit Margin-0.8488
Operating Margin TTM0.4876
Return on Assets TTM0.0107
Return on Equity TTM-0.0443
Revenue TTM222,662

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2016-06-30 20,833 2,350 18,483 9,500
2017-06-30 45,400 6,200 39,200 11,700
2018-06-30 68,800 10,700 58,100 9,000
2019-06-30 85,376 20,404 64,972 17,466
2020-06-30 123,389 32,946 90,443 2,969
2021-06-30 154,431 41,642 112,789 3,126
2022-06-30 219,611 60,218 159,393 3,880
2023-06-30 221,476 65,303 156,173 4,566

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2016-06-30 531 235,855 77,858 68,200 67,736 119,175
2017-06-30 2,900 1,192,700 375,300 357,600 356,700 696,300
2018-06-30 5,500 1,395,000 454,600 430,300 428,100 835,600
2019-06-30 6,413 1,905,082 583,627 8,126 525,017 1,282,846
2020-06-30 38,425 3,086,493 900,576 0 829,906 2,150,628
2021-06-30 76,971 4,687,389 1,408,279 0 1,335,162 2,792,047
2022-06-30 19,005 6,482,033 2,023,743 0 1,834,203 3,277,824
2023-06-30 19,682 6,203,453 2,133,660 0 1,940,891 3,271,183

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2016-06-30 23,300 11,386 -348 500 11,300
2017-06-30 34,600 39,300 2,400 500 2,900 26,600
2018-06-30 83,300 61,693 2,600 2,900 5,500 49,700
2019-06-30 69,559 63,683 898 5,515 6,413 58,880
2020-06-30 122,415 116,540 32,012 6,413 38,425 91,863
2021-06-30 618,314 162,296 38,546 38,425 76,971 128,776
2022-06-30 911,899 187,674 -57,966 76,971 19,005 158,416
2023-06-30 -188,993 179,229 677 19,005 19,682 206,982