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

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 895400000000.0 (%).Trend:Increase 3.09% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 838500000000.0 (%).Trend:Decrease 6.35% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 780400000000.0 (%).Trend:Decrease 6.93% than previous quarter

Overall: decreasing (-12.84%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 821600000000.0 (%).Trend:Increase 4.53% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 799400000000.0 (%).Trend:Decrease 2.7% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 783800000000.0 (%).Trend:Decrease 1.95% than previous quarter

Overall: decreasing (-4.6%). Fluctuation: **Little** (low variation).


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

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 83100000000.0 (%).Trend:Decrease 499.52% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 133600000000.0 (%).Trend:Increase 60.77% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 110400000000.0 (%).Trend:Decrease 17.37% than previous quarter

Overall: increasing (32.85%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 87000000000.0 (%).Trend:Decrease 74.03% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 175500000000.0 (%).Trend:Increase 101.72% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 333700000000.0 (%).Trend:Increase 90.14% than previous quarter

Overall: increasing (283.56%). Fluctuation: **Significant** (high variation).


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

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 0.91 (%).Trend:Decrease 495.65% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.47 (%).Trend:Increase 61.54% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 1.23 (%).Trend:Decrease 16.33% than previous quarter

Overall: increasing (35.16%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.68 (USD).Trend:Decrease 43.33% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.5 (USD).Trend:Increase 120.59% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.71 (USD).Trend:Increase 14.0% than previous quarter

Overall: increasing (151.47%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2022 to Q3 2023 reveals trends in various financial metrics. Liabilities on revenue show a slight, overall decreasing trend. Current assets on revenue also show a slight, overall decreasing trend. The ratio of retained earnings to revenue shows an overall increasing trend, however with notable fluctuation. SG&A expense ratio shows a large overall increase. Investment efficiency and earnings per share both show overall increases, but fluctuate significantly throughout the period.