Coupang
$CPNG (-2,85%) has just announced its quarterly figures.
The earnings per share (EPS) amounted to $0,06 and exceeds expectations of $0,01.
The turnover amounted to $7,87 billion and is also above expectations of $7,76 billion.
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8Coupang
$CPNG (-2,85%) has just announced its quarterly figures.
The earnings per share (EPS) amounted to $0,06 and exceeds expectations of $0,01.
The turnover amounted to $7,87 billion and is also above expectations of $7,76 billion.
$CPNG (-2,85%) | Coupang Q3 Earnings Highlights:
🔹 Revenue: $7.87B (Est. $7.8B)😐; UP +27% YoY
🔹 EPS: $0.04 (Est. $0.01) 🟢; DOWN -20% YoY
🔹 Adjusted EBITDA: $343M (Est. $319M) 🟢; UP +44% YoY
Consolidated Highlights:
🔹 Gross Profit: $2.27B; UP +45% YoY
🔹 Gross Profit Margin: 28.8%, an improvement of 350 bps YoY
🔹 Operating Cash Flow (TTM): $1.8B; DOWN -$805M YoY
🔹 Free Cash Flow (TTM): $(42)M; DOWN -$578M YoY
🔹 Cash and Cash Equivalents: $5.82B
Segment Revenue:
🔹 Product Commerce Revenue: $6.89B; UP +16% YoY (+20% constant currency)
🔹 Developing Offerings Revenue (Int’l, Eats, Play, Fintech, Farfetch): $975M; UP +347% YoY
- Excluding Farfetch: $536M; UP +146% YoY
Operational Metrics:
🔹 Product Commerce Active Customers: 22.5M; UP +11% YoY
🔹 Net Revenue per Active Customer: $307; UP +4% YoY
Additional Metrics:
🔹 Net Income: $64M; DOWN -30% YoY
🔹 Adjusted EBITDA Margin: 4.4%, UP 50 bps YoY
🔹 Net Income Attributable to Coupang Stockholders: $70M; DOWN -23% YoY
- Excluding Farfetch: $108M
CFO Gaurav Anand's Commentary:
🔸 "This quarter we continued the strong momentum with robust growth in revenues and margins. Our newer offerings like Fulfillment and Logistics by Coupang (FLC) and R.Lux are significant growth opportunities within Rocket Delivery. We reached near break-even profitability in Farfetch ahead of schedule, demonstrating our focus on operational excellence and customer satisfaction."
Strategic Updates:
🔸 Strong growth from categories including FLC and R.Lux luxury offerings
🔸 Continued investment in Rocket Delivery to expand in-demand categories
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$CPNG (-2,85%) is listed in my portfolio under North America.
The company is in South Korea.
Is that correct?
52 weeks high
Hi folks,
due to the 52'weeks high at Coupang a short introduction.
Important key figures are increased 🚀
Turnover/billion: 2024: 30.3
2025: 35,3
2026: 39,9
2027: 44,6
Earnings per share/USD: 2024: -0.01
2025: 0,54
2026: 0,87
KGV: 2025: 40.84
2026: 25,31
2027: 29,33
P/E RATIO: 1.45
EbiT/million 2024: 451.33
2025: 1362,88
2026: 2117,81
Free cash flow /million: 2024: 1104.28
2025: 1754,08
2026: 2564,42
Book value per share/USD: 2024: 2.37
2025: 3,09
2026: 4,01
EbiT margin: 2024: 2.26%
2025: 3,96%
2026: 4,96%
2027: 6,97%
Coupang LLC, the South Korean e-commerce giant, has reached a 52-week high of USD 23.77. This milestone underscores the company's significant growth trajectory over the past year, which was characterized by a substantial 27.13% increase in share value. Investors have shown increasing confidence in Coupang's business model and expansion strategies as the company continues to capitalize on the burgeoning online retail market in South Korea and beyond. The 52-week high represents a pivotal moment for Coupang, reflecting both the company's resilience and potential in a competitive e-commerce landscape.
In other recent news, South Korean e-commerce giant Coupang Inc. has been making waves with robust growth and promising forecasts. In the second quarter of 2024, the company reported a 30% increase in currency-adjusted revenue and a 12% increase in active customers despite a net loss of USD 77 million. The company's gross profit exceeded 2.1 billion US dollars, marking a significant milestone.
Analyst firm CLSA has raised its rating on Coupang from "Hold" to "Outperform", reflecting a positive outlook for the company's projected growth and profitability. The firm has also raised its price target for Coupang shares to USD 31.00, a significant increase from the previous target of USD 18.00. This adjustment is based on the forecast of 17% annual revenue growth for the next five years and an improvement in Coupang's operating margin, which is expected to increase from 1.9% in 2023 to over 5% by 2027
Meanwhile, Morgan Stanley maintained its Overweight rating on Coupang shares, although the company slightly reduced its earnings forecasts due to a slowdown in the growth of its initial sales in the second quarter of 2024. The company's analysis points to expected improvements in free cash flows and opportunities for international growth, particularly in Taiwan. These recent developments reflect Coupang's ongoing business strategy and performance.
I’m currently looking abroad for investments because I think the US stocks are quite expensive.
Here are the reasons behind my most recent portfolio addition.
-Market leader which grew the customer base by 20% for the 15th consecutive quarter
-Ultra fast delivery (they own their distribution warehouses which are max 7 miles away from 70% of their customers)
-Super easy return policy (just leave it outside your front door)
-Took the 1st spot in market share this year
-Founder led company
-The recent drop after the earnings made the company cheap at 2.5 P/S (fwd)
-Catalyst from christmas shopping incoming
-Pushing towards international expansion in Singapore, Japan and Taiwan (similar densely populated markets
-They have an Uber like delivery option (not a necessity)
-They had some trouble last year due to a fire and covid related issues which contributed to the bottom line (I’m not expecting the same next year)
-The risk reward ratio is quite attractive
-Similarities to a young Amazon
I migliori creatori della settimana