• Sysmex ADR average return on tangible equity for 2023 was 11.95, a 11.42% increase from 2022.
• Sysmex ADR average return on tangible equity for 2022 was 13.49, a 14.52% decline from 2021.
• Sysmex ADR average return on tangible equity for 2021 was 11.78, a 2.61% 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.