• Ping An Insurance Of China average return on tangible equity for 2023 was 12.04, a 3.17% decline from 2022.
• Ping An Insurance Of China average return on tangible equity for 2022 was 11.67, a 17.06% increase from 2021.
• Ping An Insurance Of China average return on tangible equity for 2021 was 14.07, a 20.33% 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.