• Industrial & Commercial Bank Of China average return on tangible equity for 2023 was 10.64, a 4.49% decline from 2022.
• Industrial & Commercial Bank Of China average return on tangible equity for 2022 was 11.14, a 4.54% decline from 2021.
• Industrial & Commercial Bank Of China average return on tangible equity for 2021 was 11.67, a 7.89% 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.