Coupang LLC
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
Coupang LLC (CPNG) - Net Assets
Latest net assets as of December 2025: $4.62 Billion USD
Based on the latest financial reports, Coupang LLC (CPNG) has net assets worth $4.62 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.79 Billion) and total liabilities ($13.16 Billion). 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 | $4.62 Billion |
| % of Total Assets | 25.99% |
| Annual Growth Rate | N/A |
| 5-Year Change | 112.46% |
| 10-Year Change | N/A |
| Growth Volatility | 27.01 |
Coupang LLC - Net Assets Trend (2018–2025)
This chart illustrates how Coupang LLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Coupang LLC (2018–2025)
The table below shows the annual net assets of Coupang LLC from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $4.62 Billion | +12.70% |
| 2024-12-31 | $4.10 Billion | +0.32% |
| 2023-12-31 | $4.09 Billion | +69.39% |
| 2022-12-31 | $2.41 Billion | +10.94% |
| 2021-12-31 | $2.18 Billion | +153.48% |
| 2020-12-31 | $-4.07 Billion | -15.17% |
| 2019-12-31 | $-3.53 Billion | -369.42% |
| 2018-12-31 | $-752.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Coupang LLC'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 115590700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-381.00 Million | -8.24% |
| Other Components | $9.03 Billion | 195.22% |
| Total Equity | $4.62 Billion | 100.00% |
Coupang LLC Competitors by Market Cap
The table below lists competitors of Coupang LLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENBNF
PINK:ENBNF
|
$28.61 Billion |
|
Kellanova
NYSE:K
|
$28.63 Billion |
|
Kellogg Co.
LSE:0R1R
|
$28.64 Billion |
|
Devon Energy Corporation
NYSE:DVN
|
$28.65 Billion |
|
Workday Inc
NASDAQ:WDAY
|
$28.57 Billion |
|
Tata Consultancy Services Limited
NSE:TCS
|
$28.40 Billion |
|
HUATEI SECS.CO GDR S/10
F:206G
|
$28.31 Billion |
|
Chugai Pharmaceutical Co. Ltd
PINK:CHGCF
|
$28.30 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Coupang LLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,103,000,000 to 4,623,000,000, a change of 520,000,000 (12.7%).
- Net income of 208,000,000 contributed positively to equity growth.
- Share repurchases of 243,000,000 reduced equity.
- Other comprehensive income increased equity by 23,000,000.
- Other factors increased equity by 532,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $208.00 Million | +4.5% |
| Share Repurchases | $243.00 Million | -5.26% |
| Other Comprehensive Income | $23.00 Million | +0.5% |
| Other Changes | $532.00 Million | +11.51% |
| Total Change | $- | 12.67% |
Book Value vs Market Value Analysis
This analysis compares Coupang LLC'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: 8.35x
- 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 |
|---|---|---|---|
| 2018-12-31 | $-0.47 | $20.80 | x |
| 2019-12-31 | $-2.21 | $20.80 | x |
| 2020-12-31 | $-2.38 | $20.80 | x |
| 2021-12-31 | $1.53 | $20.80 | x |
| 2022-12-31 | $1.37 | $20.80 | x |
| 2023-12-31 | $2.27 | $20.80 | x |
| 2024-12-31 | $2.25 | $20.80 | x |
| 2025-12-31 | $2.49 | $20.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Coupang LLC 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): 4.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.60%
- • Asset Turnover: 1.94x
- • Equity Multiplier: 3.85x
- Recent ROE (4.50%) is above the historical average (-4.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -27.08% | 2.45x | 0.00x | $-1.02 Billion |
| 2019 | 0.00% | -11.11% | 1.94x | 0.00x | $-343.59 Million |
| 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 |
| 2025 | 4.50% | 0.60% | 1.94x | 3.85x | $-254.30 Million |
Industry Comparison
This section compares Coupang LLC's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $63,280,359,031
- Average return on equity (ROE) among peers: -555.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Coupang LLC (CPNG) | $4.62 Billion | 0.00% | 2.85x | $28.59 Billion |
| Antiaging Quantum Living Inc. (AAQL) | $60.47K | -97.75% | 1.17x | $206.17K |
| Design Milk Co Limited (AHAHF) | $6.95 Million | 0.00% | 0.05x | $116.11 Million |
| Allegro.eu SA (ALEGF) | $8.09 Billion | 5.18% | 0.87x | $5.26 Billion |
| Winamp Group SA (ALPET) | $935.38K | -109.07% | 1.55x | $44.57K |
| Amazon.com Inc (AMZN) | $7.76 Billion | 8.13% | 2.26x | $2.10 Trillion |
| artnet AG (ARTZF) | $1.70 Million | 41.01% | 2.39x | $8.91 Million |
| Waitr Holdings Inc (ASAPQ) | $5.40 Million | -5391.56% | 32.12x | $135.00 |
| ASOS Plc (ASOMF) | $866.70 Million | -25.74% | 2.03x | $125.44 Million |
| Alibaba Group Holding Ltd (BABA) | $615.40 Billion | 14.28% | 0.57x | $371.78 Billion |
| Bluestem Group Inc (BGRP) | $673.25 Million | 2.11% | 1.46x | $94.73 |