Shin-Etsu Chemical Return On Tangible Equity 2010-2023 | SHECY
- Shin-Etsu Chemical average return on tangible equity for 2022 was 14.37, a 18.76% increase from 2021.
- Shin-Etsu Chemical average return on tangible equity for 2021 was 12.1, a 6.14% increase from 2020.
- Shin-Etsu Chemical average return on tangible equity for 2020 was 11.4, a 1.79% increase from 2019.
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.