• United Microelectronics average return on tangible equity for 2023 was 21.82, a 16.94% decline from 2022.
• United Microelectronics average return on tangible equity for 2022 was 26.27, a 48.5% decline from 2021.
• United Microelectronics average return on tangible equity for 2021 was 17.69, a 113.91% 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.