Company DescriptionWith 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, retail, industrial & logistics and social infrastructure. Operating with prudence, we've carefully curated a $41.8 billion plus diverse portfolio of over 1100 high quality, long leased properties. Partnership and financial discipline are at the heart of our approach. Acting in the best interest of customers and communities, we combine insight and inventiveness to unlock hidden value. Taking a long term view, our $6.8 billion development pipeline delivers sustainable, technologically enabled projects for our customers. 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.

How the Company Makes Money

Charter Hall Group Financial Statement Overview

Summary

Charter Hall Group exhibits a mixed financial performance with strong cash flow management but faces challenges in revenue and profitability. The income statement reflects a difficult period with declining revenue and losses, while the balance sheet remains solid with good equity levels. Cash flow stability is a notable strength, providing some resilience against the income statement's weaknesses.

Income Statement

Negative

The income statement shows a significant decline in revenue and profitability over the past year. The net income turned negative, indicating a loss, and EBIT and EBITDA margins have deteriorated substantially. The gross profit margin remains relatively stable but is overshadowed by the negative net profit margin. Revenue growth has also been negative, reflecting a challenging year.

Balance Sheet

Positive

The balance sheet remains relatively strong with a high equity ratio and manageable debt-to-equity ratio. Stockholders' equity is healthy, and total liabilities are covered well by equity. However, the decline in total assets and stockholders' equity compared to the previous year is a concern.

Cash Flow

Positive

The cash flow statement shows strong operational cash flow with a positive free cash flow, despite the net income being negative. The company has managed its capital expenditures well, resulting in a positive free cash flow to net income ratio. Cash flow stability is a positive aspect of the financials.

TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Breakdown
Income Statement		Total Revenue
570.00M	597.80M	870.20M	1.10B	668.40M	569.30M
	Gross Profit
389.00M	402.70M	668.50M	790.50M	413.60M	485.70M
	EBIT
345.40M	221.50M	441.40M	571.80M	234.60M	301.30M
	EBITDA
285.10M	-82.40M	450.10M	580.90M	243.90M	318.80M
	Net Income Common Stockholders
-152.90M	-222.10M	196.10M	927.00M	495.60M	348.10M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
289.30M	382.70M	401.40M	594.70M	351.90M	238.90M
	Total Assets
3.52B	3.64B	4.10B	4.22B	3.32B	2.79B
	Total Debt
531.90M	474.50M	474.20M	480.30M	564.40M	395.20M
	Net Debt
242.60M	91.80M	72.80M	-114.40M	212.50M	156.30M
	Total Liabilities
763.10M	823.10M	848.00M	932.80M	806.70M	639.50M
	Stockholders Equity
2.76B	2.82B	3.26B	3.25B	2.37B	2.08B
Cash Flow		Free Cash Flow
340.20M	425.50M	336.60M	592.70M	220.00M	395.70M
	Operating Cash Flow
342.40M	428.00M	338.90M	603.80M	225.60M	402.60M
	Investing Cash Flow
-236.50M	-256.00M	-321.10M	-358.50M	-180.30M	-144.60M
	Financing Cash Flow
-217.60M	-190.70M	-211.10M	-2.50M	67.70M	-133.00M

Charter Hall Group Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CTOUF		$5.96B	308.23	1.03%	2.44%	―	―
Sector *	61 Neutral	$2.83B	10.98	0.41%	8438.90%	5.81%	-21.06%
CNRAF		$7.31B	10.95	7.73%	6.04%	―	―
DEXSF		$4.87B	―	-9.22%	5.89%	―	―
GPTGF		$6.08B	―	-1.94%	4.97%	―	―
STGPF		$12.57B	18.10	5.94%	4.70%	―	―
GOZ	61 Neutral	AU$1.87B	―	-10.45%	8.41%	2.70%	-8.39%

* Real Estate Sector Average

Performance Comparison

CTOUF

Charter Hall Group

12.65

4.81

61.35%

CNRAF

Vicinity Centres

1.50

0.33

28.21%

DEXSF

Dexus

4.52

0.37

8.92%

GPTGF

GPT Group

2.98

0.45

17.79%

STGPF

Scentre Group

2.42

0.48

24.74%

AU:GOZ

Growthpoint Properties Australia

2.48

0.33

15.35%

Glossary

OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.

NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.

UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.