Mercari Inc
Mercari, Inc. plans, develops, and operates Mercari marketplace applications in Japan and the United States. The company also engages in the payment, finance, and cryptoasset related businesses. Mercari, Inc. was incorporated in 2013 and is based in Tokyo, Japan.
Mercari Inc (MRCIF) - Net Assets
Latest net assets as of June 2025: $99.64 Billion USD
Based on the latest financial reports, Mercari Inc (MRCIF) has net assets worth $99.64 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($543.76 Billion) and total liabilities ($444.12 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 | $99.64 Billion |
| % of Total Assets | 18.32% |
| Annual Growth Rate | 31.64% |
| 5-Year Change | 149.02% |
| 10-Year Change | N/A |
| Growth Volatility | 355.58 |
Mercari Inc - Net Assets Trend (2016–2025)
This chart illustrates how Mercari 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 Mercari Inc (2016–2025)
The table below shows the annual net assets of Mercari Inc from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $99.64 Billion | +38.11% |
| 2024-06-30 | $72.14 Billion | +30.62% |
| 2023-06-30 | $55.23 Billion | +45.36% |
| 2022-06-30 | $38.00 Billion | -5.04% |
| 2021-06-30 | $40.01 Billion | +13.14% |
| 2020-06-30 | $35.37 Billion | -30.57% |
| 2019-06-30 | $50.94 Billion | -6.40% |
| 2018-06-30 | $54.42 Billion | +1132.36% |
| 2017-06-30 | $4.42 Billion | -47.40% |
| 2016-06-30 | $8.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mercari 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 grown by 102500000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $48.18 Billion | 48.53% |
| Other Comprehensive Income | $3.11 Billion | 3.13% |
| Other Components | $51.00 Billion | 51.37% |
| Total Equity | $99.27 Billion | 100.00% |
Mercari Inc Competitors by Market Cap
The table below lists competitors of Mercari Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TGS ASA
OTCQX:TGSNF
|
$1.58 Billion |
|
CGN MINING (VBO.SG)
STU:VBO
|
$1.58 Billion |
|
ShenZhen YUTO Packaging Technology Co Ltd
SHE:002831
|
$1.58 Billion |
|
Boston Beer Company Inc
NYSE:SAM
|
$1.58 Billion |
|
GUARANTY TR.HLDG.GDR REGS
F:9JO
|
$1.58 Billion |
|
Quaker Chemical Corporation
NYSE:KWR
|
$1.58 Billion |
|
First Merchants Corporation Depository Shares
NASDAQ:FRMEP
|
$1.58 Billion |
|
Teekay Tankers Ltd
NYSE:TNK
|
$1.58 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mercari Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 71,836,000,000 to 99,269,000,000, a change of 27,433,000,000 (38.2%).
- Net income of 26,114,000,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 311,000,000.
- Other factors increased equity by 1,630,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $26.11 Billion | +26.31% |
| Other Comprehensive Income | $-311.00 Million | -0.31% |
| Other Changes | $1.63 Billion | +1.64% |
| Total Change | $- | 38.19% |
Book Value vs Market Value Analysis
This analysis compares Mercari 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: 0.03x
- 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.
- The price-to-book ratio has decreased from 0.24x to 0.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | $69.12 | $16.49 | x |
| 2017-06-30 | $36.62 | $16.49 | x |
| 2018-06-30 | $468.43 | $16.49 | x |
| 2019-06-30 | $351.50 | $16.49 | x |
| 2020-06-30 | $225.85 | $16.49 | x |
| 2021-06-30 | $243.51 | $16.49 | x |
| 2022-06-30 | $235.65 | $16.49 | x |
| 2023-06-30 | $323.61 | $16.49 | x |
| 2024-06-30 | $421.64 | $16.49 | x |
| 2025-06-30 | $588.64 | $16.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mercari 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): 26.31%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.56%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 5.48x
- Recent ROE (26.31%) is above the historical average (-14.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -4.15% | -2.84% | 0.48x | 3.03x | $-1.19 Billion |
| 2017 | -95.27% | -19.06% | 0.41x | 12.34x | $-4.65 Billion |
| 2018 | -12.94% | -19.69% | 0.30x | 2.16x | $-12.48 Billion |
| 2019 | -27.02% | -26.63% | 0.32x | 3.21x | $-18.86 Billion |
| 2020 | -65.46% | -29.86% | 0.39x | 5.69x | $-26.25 Billion |
| 2021 | 14.43% | 5.39% | 0.40x | 6.63x | $1.76 Billion |
| 2022 | -20.09% | -5.15% | 0.43x | 9.02x | $-11.34 Billion |
| 2023 | 23.91% | 7.60% | 0.41x | 7.60x | $7.60 Billion |
| 2024 | 18.74% | 7.18% | 0.37x | 6.98x | $6.28 Billion |
| 2025 | 26.31% | 13.56% | 0.35x | 5.48x | $16.19 Billion |
Industry Comparison
This section compares Mercari Inc's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $121,310,414,396
- Average return on equity (ROE) among peers: 7.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mercari Inc (MRCIF) | $99.64 Billion | -4.15% | 4.46x | $1.58 Billion |
| Antiaging Quantum Living Inc. (AAQL) | $-1.13 Million | 0.00% | 0.00x | $206.17K |
| Design Milk Co Limited (AHAHF) | $21.27 Million | -62.89% | 0.09x | $116.11 Million |
| Allegro.eu SA (ALEGF) | $6.68 Billion | 5.86% | 1.14x | $5.26 Billion |
| Winamp Group SA (ALPET) | $1.98 Million | -60.38% | 0.14x | $44.99K |
| Amazon.com Inc (AMZN) | $93.40 Billion | 22.84% | 2.44x | $2.07 Trillion |
| artnet AG (ARTZF) | $666.93K | 95.80% | 6.47x | $8.91 Million |
| Waitr Holdings Inc (ASAPQ) | $-37.09 Million | 0.00% | 0.00x | $135.00 |
| ASOS Plc (ASOMF) | $25.71 Million | 38.93% | 1.39x | $125.44 Million |
| Alibaba Group Holding Ltd (BABA) | $1.11 Trillion | 7.19% | 0.59x | $371.78 Billion |
| Bluestem Group Inc (BGRP) | $406.10 Million | 24.11% | 0.60x | $90.46 |