• SiTime average return on tangible equity for 2023 was -6.65, a 193.79% increase from 2022.
• SiTime average return on tangible equity for 2022 was 7.09, a 289.56% decline from 2021.
• SiTime average return on tangible equity for 2021 was 1.82, a 110.24% increase 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.