• Coupang average return on tangible equity for 2023 was 21.66, a 162.13% increase from 2022.
• Coupang average return on tangible equity for 2022 was -34.86, a 483.92% decline from 2021.
• Coupang average return on tangible equity for 2021 was -5.97, a 110.93% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.