• Futu Holdings average return on tangible equity for 2023 was 18.54, a 52.97% decline from 2022.
• Futu Holdings average return on tangible equity for 2022 was 12.12, a 57.47% increase from 2021.
• Futu Holdings average return on tangible equity for 2021 was 28.5, a 77.46% 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.