• Sysmex ADR average return on tangible equity for 2023 was 11.79, a 2.56% increase from 2022.
• Sysmex ADR average return on tangible equity for 2022 was 12.1, a 12.51% decline from 2021.
• Sysmex ADR average return on tangible equity for 2021 was 13.83, a 1.91% 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.