In the most recent period of Q4'25, CPNG's ROA stands at -0.15%, reflecting a slight decline into negative territory, while ROE is at -0.56% and ROIC at -0.11%, indicating subdued profitability across key efficiency metrics amid potential operational challenges. Over the timeframe from Q1'23 to Q4'25, the chart reveals volatile trends in ROA, ROE, and ROIC, with a notable peak in Q4'23 (ROA at 7.74%, ROE at 25.25%, ROIC at 15.22%) driven by exceptional performance, followed by a general decline and fluctuations, including a dip into negative values in Q2'24 (e.g., ROA at -0.51%) before partial recoveries in Q3'24 and Q1'25 (ROA up to 0.67%). Overall, the metrics show inconsistent growth, with ROE exhibiting the widest swings and ROIC maintaining relatively tighter ranges, suggesting improving but fragile asset utilization post the 2023 high.