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 6239100000.0 (%).Trend:Increase 161.03% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 4444600000.0 (%).Trend:Decrease 28.76% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 2224300000.0 (%).Trend:Decrease 49.96% than previous quarter

Overall: decreasing (-64.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 19049200000.0 (%).Trend:Increase 26.97% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 18707200000.0 (%).Trend:Decrease 1.8% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 16771600000.0 (%).Trend:Decrease 10.35% than previous quarter

Overall: decreasing (-11.96%). 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 15701700000.0 (%).Trend:Increase 5.19% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 16771700000.0 (%).Trend:Increase 6.81% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 16963300000.0 (%).Trend:Increase 1.14% than previous quarter

Overall: increasing (8.03%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7298300000.0 (%).Trend:Increase 52.68% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2677600000.0 (%).Trend:Decrease 63.31% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4908300000.0 (%).Trend:Increase 83.31% than previous quarter

Overall: decreasing (-32.75%). 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 50.53 (%).Trend:Decrease 9.02% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 54.51 (%).Trend:Increase 7.88% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 59.1 (%).Trend:Increase 8.42% than previous quarter

Overall: increasing (16.96%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.02 (USD).Trend:Increase 126.97% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.79 (USD).Trend:Decrease 60.89% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.3 (USD).Trend:Increase 64.56% than previous quarter

Overall: decreasing (-35.64%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2022 to Q2 2023 demonstrates significant fluctuations. Liabilities on revenue decreased significantly (-64.35%) with high variation. Current assets on revenue decreased slightly (-11.96%) with low variation. The retained earnings-to-revenue ratio rose steadily (8.03%) with low variation.  SG&A expenses fluctuated considerably (-32.75%) with high variation. Investment efficiency, measured by retained earnings on assets, increased (16.96%) with low variation.  Earnings per share decreased (-35.64%) with high fluctuation.