Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 414100000000.0 (%).Trend:Increase 6.02% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 316100000000.0 (%).Trend:Decrease 23.67% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 285500000000.0 (%).Trend:Decrease 9.68% than previous quarter

Overall: decreasing (-31.06%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 384100000000.0 (%).Trend:Increase 8.93% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 366500000000.0 (%).Trend:Decrease 4.58% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 357600000000.0 (%).Trend:Decrease 2.43% than previous quarter

Overall: decreasing (-6.9%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 223900000000.0 (%).Trend:Increase 5.22% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 247900000000.0 (%).Trend:Increase 10.72% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 263600000000.0 (%).Trend:Increase 6.33% than previous quarter

Overall: increasing (17.73%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 72700000000.0 (%).Trend:Increase 47.17% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23300000000.0 (%).Trend:Decrease 67.95% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 47000000000.0 (%).Trend:Increase 101.72% than previous quarter

Overall: decreasing (-35.35%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 17.09 (%).Trend:Increase 3.51% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 18.88 (%).Trend:Increase 10.47% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 20.24 (%).Trend:Increase 7.2% than previous quarter

Overall: increasing (18.43%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 19.52% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 66.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (-33.33%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show a mixed financial picture. Liabilities on revenue and current assets decreased, showing some negative momentum.  Cost efficiency, as measured by the retained earnings to revenue ratio, continued increasing, with steady growth.  However, SG&A expense ratio and earnings per share show considerable volatility, with substantial fluctuations in either direction, indicating operational instability in these key performance areas. Investment efficiency displays a consistent rise with little fluctuation.