Coupang Inc. (788) - Net Assets
Based on the latest financial reports, Coupang Inc. (788) has net assets worth €4.74 Billion EUR (≈ $5.54 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€18.67 Billion ≈ $21.82 Billion USD) and total liabilities (€13.93 Billion ≈ $16.28 Billion USD). 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. Read 788 liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.74 Billion |
| % of Total Assets | 25.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 30.37 |
Coupang Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Coupang Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Coupang Inc. for the complete picture of this company's asset base.
Annual Net Assets for Coupang Inc. (2020–2024)
The table below shows the annual net assets of Coupang Inc. from 2020 to 2024. For live valuation and market cap data, see 788 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €4.10 Billion ≈ $4.80 Billion |
+0.32% |
| 2023-12-31 | €4.09 Billion ≈ $4.78 Billion |
+69.39% |
| 2022-12-31 | €2.41 Billion ≈ $2.82 Billion |
+10.94% |
| 2021-12-31 | €2.18 Billion ≈ $2.54 Billion |
+153.48% |
| 2020-12-31 | €-4.07 Billion ≈ $-4.76 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Coupang Inc.'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 12107300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €8.33 Billion | 203.07% |
| Total Equity | €4.10 Billion | 100.00% |
Coupang Inc. Competitors by Market Cap
The table below lists competitors of Coupang Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ASM International NV
AS:ASM
|
$33.60 Billion |
|
Malayan Banking Bhd
KLSE:1155
|
$33.61 Billion |
|
Intact Financial Corporation
TO:IFC
|
$33.61 Billion |
|
DAIMLER TRUCK SP.ADS/1/2
F:DTG1
|
$33.69 Billion |
|
Daimler Truck Holding AG
F:DTG
|
$33.52 Billion |
|
JBS S.A
SA:JBSS3
|
$33.48 Billion |
|
Chunghwa Telecom Co Ltd
NYSE:CHT
|
$33.47 Billion |
|
Arch Capital Group Ltd
NASDAQ:ACGL
|
$33.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Coupang Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,089,000,000 to 4,103,000,000, a change of 14,000,000 (0.3%).
- Net income of 154,000,000 contributed positively to equity growth.
- Share repurchases of 178,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €154.00 Million | +3.75% |
| Share Repurchases | €178.00 Million | -4.34% |
| Other Changes | €38.00 Million | +0.93% |
| Total Change | €- | 0.34% |
Book Value vs Market Value Analysis
This analysis compares Coupang Inc.'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: 7.55x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €-2.38 | €17.20 | x |
| 2021-12-31 | €1.24 | €17.20 | x |
| 2022-12-31 | €1.36 | €17.20 | x |
| 2023-12-31 | €2.28 | €17.20 | x |
| 2024-12-31 | €2.28 | €17.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Coupang Inc. 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): 3.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.51%
- • Asset Turnover: 1.97x
- • Equity Multiplier: 3.74x
- Recent ROE (3.75%) is above the historical average (-7.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -3.87% | 2.36x | 0.00x | €-56.27 Million |
| 2021 | -70.91% | -8.38% | 2.13x | 3.97x | €-1.76 Billion |
| 2022 | -3.81% | -0.45% | 2.16x | 3.94x | €-333.40 Million |
| 2023 | 33.26% | 5.58% | 1.83x | 3.26x | €951.10 Million |
| 2024 | 3.75% | 0.51% | 1.97x | 3.74x | €-256.30 Million |
Industry Comparison
This section compares Coupang Inc.'s net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $93,480,963,231
- Average return on equity (ROE) among peers: -24.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Coupang Inc. (788) | €4.74 Billion | 0.00% | 2.94x | $33.56 Billion |
| JD.com Inc Adr (013A) | $313.30 Billion | 13.20% | 1.23x | $34.07 Billion |
| JD.com Inc. (013C) | $246.78 Billion | -1.44% | 1.01x | $38.44 Billion |
| Vipshop Holdings Limited (1VPA) | $22.25 Billion | 18.05% | 1.18x | $5.78 Billion |
| Baozun Inc (2BZA) | $5.78 Billion | -3.20% | 0.77x | $124.11 Million |
| GIGLIO.COM S.P.A. O.N. (5JR0) | $7.84 Million | -16.31% | 1.07x | $6.29 Million |
| MERCARI INC. UNSP.ADR/1/2 (6TP0) | $99.64 Billion | 26.21% | 4.46x | $3.35 Billion |
| D-MARKET E.S.+T.SP.ADR/1B (8WZ) | $3.37 Billion | -205.50% | 3.93x | $834.81 Million |
| MEITUAN UNSP.ADR/2B (9MDA) | $125.56 Billion | -18.75% | 0.92x | $58.22 Billion |
| Pinduoduo Inc (9PDA) | $24.65 Billion | -28.27% | 2.09x | $124.36 Billion |
About Coupang Inc.
Coupang, Inc., together with its subsidiaries, owns and operates retail business through its mobile applications and internet websites in South Korea and internationally. It operates through Product Commerce and Developing Offerings segments. The Product Commerce segment includes Korean retail and marketplace offerings; Rocket Fresh, a fresh grocery offering; and advertising products. The Develop… Read more