• Bilibili average return on tangible equity for 2023 was -53.49, a 15.44% decline from 2022.
• Bilibili average return on tangible equity for 2022 was -63.26, a 75.38% decline from 2021.
• Bilibili average return on tangible equity for 2021 was -36.07, a 17.82% 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.