Rakuten Group Inc (RAK) - Net Assets
Based on the latest financial reports, Rakuten Group Inc (RAK) has net assets worth €1.14 Trillion EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€26.28 Trillion) and total liabilities (€25.14 Trillion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.14 Trillion |
| % of Total Assets | 4.33% |
| Annual Growth Rate | 13.54% |
| 5-Year Change | 96.9% |
| 10-Year Change | 86.52% |
| Growth Volatility | 28.96 |
Rakuten Group Inc - Net Assets Trend (2013–2024)
This chart illustrates how Rakuten Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rakuten Group Inc (2013–2024)
The table below shows the annual net assets of Rakuten Group Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.24 Trillion | +13.86% |
| 2023-12-31 | €1.09 Trillion | +24.87% |
| 2022-12-31 | €871.09 Billion | -22.04% |
| 2021-12-31 | €1.12 Trillion | +77.63% |
| 2020-12-31 | €629.01 Billion | -14.68% |
| 2019-12-31 | €737.20 Billion | -5.03% |
| 2018-12-31 | €776.21 Billion | +13.58% |
| 2017-12-31 | €683.41 Billion | +0.45% |
| 2016-12-31 | €680.35 Billion | +2.46% |
| 2015-12-31 | €664.01 Billion | +55.11% |
| 2014-12-31 | €428.09 Billion | +39.69% |
| 2013-12-31 | €306.45 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rakuten Group 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 1447.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.75 Trillion | 188.88% |
| Total Equity | €927.87 Billion | 100.00% |
Rakuten Group Inc Competitors by Market Cap
The table below lists competitors of Rakuten Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
James Hardie Industries plc
F:JHA
|
$11.25 Billion |
|
Nova Measuring Instruments Ltd
F:NMR
|
$11.26 Billion |
|
Vodafone Idea Limited
NSE:IDEA
|
$11.26 Billion |
|
China Southern Airlines Co Ltd Class A
SHG:600029
|
$11.26 Billion |
|
Societatea Nationala de Gaze Naturale Romgaz SA
RO:SNG
|
$11.24 Billion |
|
YANGTZE OPT.FIB.AND CAB.H
F:1YO
|
$11.24 Billion |
|
Plaza S.A
SN:MALLPLAZA
|
$11.23 Billion |
|
Shanghai Putailai New Energy Technology Co.Ltd.
SHG:603659
|
$11.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rakuten Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 836,572,000,000 to 927,868,000,000, a change of 91,296,000,000 (10.9%).
- Net loss of 162,442,000,000 reduced equity.
- Other factors increased equity by 253,738,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-162.44 Billion | -17.51% |
| Other Changes | €253.74 Billion | +27.35% |
| Total Change | €- | 10.91% |
Book Value vs Market Value Analysis
This analysis compares Rakuten Group 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: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €507.31 | €4.45 | x |
| 2018-12-31 | €572.83 | €4.45 | x |
| 2019-12-31 | €542.43 | €4.45 | x |
| 2020-12-31 | €446.78 | €4.45 | x |
| 2021-12-31 | €691.47 | €4.45 | x |
| 2022-12-31 | €511.63 | €4.45 | x |
| 2023-12-31 | €390.53 | €4.45 | x |
| 2024-12-31 | €430.67 | €4.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rakuten Group 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): -17.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.13%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 28.58x
- Recent ROE (-17.51%) is below the historical average (-5.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 14.30% | 8.27% | 0.16x | 10.70x | €12.89 Billion |
| 2014 | 16.75% | 11.80% | 0.16x | 8.73x | €28.46 Billion |
| 2015 | 6.71% | 6.23% | 0.17x | 6.45x | €-21.77 Billion |
| 2016 | 5.59% | 4.86% | 0.17x | 6.77x | €-30.03 Billion |
| 2017 | 16.19% | 11.71% | 0.15x | 9.05x | €42.27 Billion |
| 2018 | 18.37% | 12.92% | 0.15x | 9.48x | €64.83 Billion |
| 2019 | -4.33% | -2.52% | 0.14x | 12.46x | €-105.46 Billion |
| 2020 | -18.76% | -7.85% | 0.12x | 20.57x | €-175.07 Billion |
| 2021 | -12.24% | -7.96% | 0.10x | 15.39x | €-243.20 Billion |
| 2022 | -45.82% | -19.34% | 0.09x | 25.12x | €-454.26 Billion |
| 2023 | -40.58% | -16.39% | 0.09x | 27.05x | €-423.13 Billion |
| 2024 | -17.51% | -7.13% | 0.09x | 28.58x | €-255.23 Billion |
Industry Comparison
This section compares Rakuten Group Inc's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $2,574,880,765,217
- Average return on equity (ROE) among peers: 0.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rakuten Group Inc (RAK) | €1.14 Trillion | 14.30% | 22.09x | $11.25 Billion |
| JD.com Inc. (013C) | $274.12 Billion | 3.79% | 1.17x | $38.44 Billion |
| BUKALAPAK COM TBKPT RP50 (5E9) | $25.31 Trillion | 12.41% | 0.03x | $206.30 Million |
| GIGLIO.COM S.P.A. O.N. (5JR0) | $13.39 Million | -21.41% | 0.90x | $6.29 Million |
| MERCARI INC. (6TP) | $72.14 Billion | 18.66% | 5.96x | $3.48 Billion |
| GIFTEE INC. (84I) | $8.30 Billion | 1.55% | 1.67x | $188.69 Million |
| DESENIO HOLDING AB (879) | $-67.60 Million | 0.00% | 0.00x | $8.26 Million |
| Pinduoduo Inc (9PDA) | $75.11 Billion | 10.34% | 1.41x | $124.36 Billion |
| artnet AG Namens-Aktien o.N. (ART) | $-838.82K | 0.00% | 0.00x | $64.48 Million |
| Bike24 Holding AG (BIKE) | $218.41 Million | -2.94% | 0.56x | $130.29 Million |
| Delivery Hero SE (DHER) | $5.49 Billion | -19.97% | 1.31x | $6.72 Billion |
About Rakuten Group Inc
Rakuten Group, Inc. provides services in e-commerce, fintech, digital content, and communications to various users in worldwide. The company operates through three segments: Internet Services, FinTech, and Mobile. The company operates range of e-commerce sites, such as Rakuten Ichiba, an Internet shopping mall; and online cash-back sites, travel booking sites, portal sites, and digital content si… Read more