• SK Telecom average return on tangible equity for 2023 was 14.47, a 2.62% decline from 2022.
• SK Telecom average return on tangible equity for 2022 was 14.86, a 13.18% decline from 2021.
• SK Telecom average return on tangible equity for 2021 was 13.13, a 37.92% 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.