• BeiGene average return on tangible equity for 2023 was -32.63, a 18.97% decline from 2022.
• BeiGene average return on tangible equity for 2022 was -40.27, a 19.18% decline from 2021.
• BeiGene average return on tangible equity for 2021 was -33.79, a 45.11% 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.