• JD average return on tangible equity for 2023 was 10.64, a 1903.39% increase from 2022.
• JD average return on tangible equity for 2022 was -0.59, a 103.4% decline from 2021.
• JD average return on tangible equity for 2021 was 17.33, a 37.46% 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.