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SCENTRE GROUP ANNOUNCES UPSIZE AND EARLY RESULTS OF TENDER OFFER
Thu 05 Sep 24, 08:50 AMSCENTRE GROUP ANNOUNCES PRELIMINARY EARLY RESULTS OF TENDER OFFER
Wed 04 Sep 24, 10:30 PMSCENTRE GROUP ANNOUNCES FINAL TENDER RESULTS AND EXPIRATION OF TENDER OFFER
Tue 05 Dec 23, 12:41 AMSCENTRE GROUP ANNOUNCES CONSIDERATION FOR TENDER OFFER
Fri 17 Nov 23, 04:12 PMSCENTRE GROUP ANNOUNCES EARLY RESULTS OF TENDER OFFER
Fri 17 Nov 23, 04:11 AMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 346.20M | 937.20M | -3746.50000M | 1244.50M | 2342.20M |
Minority interest | -21.60000M | -16.10000M | 166.00M | 209.30M | 228.10M |
Net income | 300.60M | 887.90M | -3772.00000M | 1179.50M | 2287.20M |
Selling general administrative | 86.80M | 81.70M | 77.20M | 88.10M | 85.90M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 1638.90M | 1585.30M | 1578.60M | 1814.20M | 1804.30M |
Reconciled depreciation | 13.70M | 13.00M | 13.70M | 6.80M | - |
Ebit | 1679.20M | 1507.40M | -2833.60000M | 1862.80M | 3025.00M |
Ebitda | 1692.90M | 1520.40M | -2819.90000M | 1869.60M | 3016.30M |
Depreciation and amortization | 13.70M | 13.00M | 13.70M | 6.80M | - |
Non operating income net other | - | - | - | - | - |
Operating income | 1679.20M | 1507.40M | -2833.60000M | 1862.80M | 1718.40M |
Other operating expenses | 932.60M | 942.00M | 946.60M | 897.10M | 916.70M |
Interest expense | 1333.00M | 570.20M | 912.90M | 618.30M | 682.80M |
Tax provision | 24.00M | 33.20M | 25.50M | 56.90M | 46.30M |
Interest income | 6.60M | 5.30M | 6.30M | 604.30M | 379.00M |
Net interest income | -1350.80000M | -570.80000M | -906.60000M | -613.70000M | -679.70000M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 24.00M | 33.20M | 25.50M | 56.90M | 46.30M |
Total revenue | 2457.90M | 2280.80M | 2162.30M | 2616.40M | 2635.10M |
Total operating expenses | 113.60M | 246.50M | 362.90M | 94.90M | 85.90M |
Cost of revenue | 819.00M | 695.50M | 583.70M | 802.20M | 830.80M |
Total other income expense net | -1333.00000M | -570.20000M | -912.90000M | -618.30000M | 623.80M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 322.20M | 904.00M | -3772.00000M | 1187.60M | 2295.90M |
Net income applicable to common shares | 300.60M | 887.90M | -3731.80000M | 1179.50M | 2287.20M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
Total assets | 36354.90M | 35671.50M | 37006.70M | 36682.60M | 38064.10M |
Intangible assets | - | - | - | - | - |
Earning assets | - | - | - | - | - |
Other current assets | - | -599.10000M | 370.60M | 247.30M | 57.50M |
Total liab | 18165.50M | 17648.00M | 18286.20M | 17508.00M | 19069.70M |
Total stockholder equity | 18189.40M | 17841.30M | 18530.60M | 18998.90M | 18828.40M |
Deferred long term liab | - | - | - | - | - |
Other current liab | - | 1062.90M | 891.00M | 846.60M | 841.10M |
Common stock | - | 9990.80M | 9990.80M | 9990.80M | 9990.80M |
Capital stock | 10103.00M | 9990.80M | 9990.80M | 9990.80M | 9990.80M |
Retained earnings | 8018.20M | 7739.70M | 18530.60M | 18998.90M | 8733.50M |
Other liab | - | - | 1224.30M | 366.70M | 728.80M |
Good will | - | - | - | - | - |
Other assets | - | 35671.50M | 854.40M | 551.10M | 469.30M |
Cash | 380.60M | 296.40M | 679.00M | 978.70M | 2600.90M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 3624.50M | 3218.30M | 3533.40M | 2257.40M | 2850.10M |
Current deferred revenue | - | - | - | - | - |
Net debt | 16312.20M | 15414.20M | 15195.10M | 14494.80M | 13819.10M |
Short term debt | - | 1845.00M | 2345.60M | 1141.40M | 1744.80M |
Short long term debt | 2429.80M | 1829.20M | 2331.20M | 1128.20M | 1732.80M |
Short long term debt total | - | 15710.60M | 15874.10M | 15473.50M | 16420.00M |
Other stockholder equity | - | - | -10110.40000M | -10114.70000M | 104.10M |
Property plant equipment | - | - | 113.50M | 31601.60M | 31347.10M |
Total current assets | 1249.00M | 914.20M | 1211.60M | 1465.80M | 3044.30M |
Long term investments | 2574.90M | 2685.00M | 2673.30M | 2803.00M | 2779.00M |
Net tangible assets | - | - | 18530.60M | 18998.90M | 18828.40M |
Short term investments | - | - | - | - | 2222.80M |
Net receivables | 21.40M | 302.70M | 162.00M | 239.80M | 385.90M |
Long term debt | 14263.00M | 13785.00M | 13435.80M | 14225.90M | 14555.70M |
Inventory | - | - | - | - | - |
Accounts payable | 283.30M | 310.40M | 296.80M | 269.40M | 264.20M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | - | 110.80M | 119.60M | 123.90M | 104.10M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | - | 9990.80M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 96.30M | 31308.70M | 33008.30M | 105.20M | 130.20M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 35105.90M | 34757.30M | 35795.10M | 35216.80M | 35019.80M |
Capital lease obligations | 81.60M | 96.40M | 107.10M | 119.40M | 131.50M |
Long term debt total | - | - | 13528.50M | 14332.10M | 14675.20M |
Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
Investments | -460.00000M | -438.90000M | -503.40000M | -16.10000M | -33.80000M |
Change to liabilities | - | - | 0.00000M | 0.00000M | 0.00000M |
Total cashflows from investing activities | - | - | -503.40000M | -342.00000M | -356.60000M |
Net borrowings | - | - | -171.40000M | -1393.30000M | 2991.00M |
Total cash from financing activities | -526.20000M | -1014.20000M | -941.30000M | 55.30M | -201.90000M |
Change to operating activities | - | - | 284.10M | 132.40M | 36.40M |
Net income | 1049.80M | 174.90M | 300.60M | 887.90M | -3772.00000M |
Change in cash | 84.20M | -382.60000M | -299.70000M | 600.60M | 125.10M |
Begin period cash flow | 296.40M | 679.00M | 978.70M | 378.10M | 253.00M |
End period cash flow | 380.60M | 296.40M | 679.00M | 978.70M | 378.10M |
Total cash from operating activities | 1039.00M | 1070.70M | 314.30M | 887.20M | 684.60M |
Issuance of capital stock | - | - | - | - | 4109.60M |
Depreciation | - | 13.80M | 13.70M | 13.00M | 13.70M |
Other cashflows from investing activities | -32.20000M | -7.20000M | -466.00000M | -5.90000M | -9.10000M |
Dividends paid | 848.60M | 855.40M | 769.92M | 731.30M | 595.70M |
Change to inventory | - | - | - | - | - |
Change to account receivables | - | - | - | - | - |
Sale purchase of stock | - | - | - | 0.00000M | -174.90000M |
Other cashflows from financing activities | 7.00M | -49.60000M | 1020.22M | 2168.00M | -2422.30000M |
Change to netincome | - | - | 548.20M | -146.10000M | 4366.30M |
Capital expenditures | 411.80M | 29.50M | 37.40M | 23.80M | 21.40M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | - | 168.70M | 97.80M | 85.70M | 30.90M |
Stock based compensation | - | 13.10M | 15.60M | 11.50M | 0.50M |
Other non cash items | 1039.00M | 713.30M | -314.30000M | -900.90000M | 3718.10M |
Free cash flow | 659.40M | 624.10M | 276.90M | 863.40M | 663.20M |
Sector: Real Estate Industry: REIT - Retail
Company | Change (AUD) | Price (AUD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
SCG Scentre Group Ltd |
0.10 2.73% | 3.76 | 18.00 | 15.60 | 7.11 | 1.04 | 13.37 | 18.30 |
URW Unibail-Rodamco-Westfield SE |
0.05 0.69% | 7.27 | 79.67 | 8.50 | 6.24 | 0.65 | 10.36 | 20.74 |
VCX Vicinity Centres Re Ltd |
0.02 0.80% | 2.53 | 13.83 | 16.86 | 8.28 | 1.04 | 12.38 | 16.14 |
HDN Homeco Daily Needs Reit |
0.03 2.40% | 1.28 | 12.85 | 14.24 | 8.11 | 0.89 | 12.58 | 15.74 |
RGN Region Group Limited |
0.03 1.33% | 2.28 | 19.00 | 15.85 | 6.97 | 182.56 | 11.16 | 21.51 |
Scentre Group owns and operates 42 Westfield destinations with 37 located in Australia and five in New Zealand. Westfield destinations are strategically located in close proximity to the majority of the population in Australia and New Zealand and form part of the social fabric of the communities we serve. The Trust has a joint interest in 39 Westfield destinations. In 2024, customer visitation to Scentre Group's Westfield destinations was 526 million, up by 14 million compared to 2023. Scentre Group's strategic partnerships with leading brands Walt Disney Company Australia, Live Nation Entertainment, Netball Australia and Universal Pictures continued to deliver exclusive and highly sought-after experiences. Scentre Group's business partners achieved a record level of sales during 2024 of $29.0 billion, an increase of $544 million compared to 2023. Demand from business partners continues to be strong with occupancy across Scentre Group's portfolio increasing to 99.6 per cent at 31 December 2024, compared to 99.2 per cent at 31 December 2023. During the year Scentre Group completed 3,253 leasing deals with new specialty lease spreads of 2.0 per cent. Average specialty rent escalations across Scentre Group's portfolio were 5.2 per cent during the Financial Year.
85 Castlereagh Street, Sydney, NSW, Australia, 2000
Name | Title | Year Born |
---|---|---|
Mr. Elliott Chaim Aaron Rusanow | CEO, MD & Exec. Director | 1974 |
Mr. Andrew M. Clarke | Head of Investor Relations, Director of Fin. & Capital Markets and CFO | NA |
Mr. Paul F. Giugni | Gen. Counsel & Sec. | NA |
Ms. Maria Stamoulis | Director of HR | NA |
Mr. Philip Patrick McAveety | Chief Customer & Bus. Devel. Officer | 1967 |
Ms. Maureen Therese McGrath | Gen. Counsel & Company Sec. | NA |
Mr. Roy J. Gruenpeter | Gen. Mang. of Devel. | NA |
Ms. Maria Stamoulis | Director of Human Resources | NA |
Mr. Paul F. Giugni | General Counsel & Secretary | NA |
Mr. Elliott Chaim Aaron Rusanow | CEO, MD & Executive Director | 1974 |
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