• Agri Bank China average return on tangible equity for 2023 was 10.72, a 3.25% decline from 2022.
• Agri Bank China average return on tangible equity for 2022 was 11.08, a 4.24% decline from 2021.
• Agri Bank China average return on tangible equity for 2021 was 11.57, a 9.04% decline 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.