Working Capital Efficiency
The data from Quater 1 in 2023 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2023 Quarter 1: Liabilities on Revenue 256509300000.0 (%).Trend:Increase 1.09% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 240341800000.0 (%).Trend:Decrease 6.3% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 253793000000.0 (%).Trend:Increase 5.6% than previous quarter

Overall: decreasing (-1.06%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 303973900000.0 (%).Trend:Decrease 5.08% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 300196800000.0 (%).Trend:Decrease 1.24% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 313535900000.0 (%).Trend:Increase 4.44% than previous quarter

Overall: increasing (3.15%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 1 in 2023 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 29003400000.0 (%).Trend:Decrease 65.74% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 46872500000.0 (%).Trend:Increase 61.61% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 71535700000.0 (%).Trend:Increase 52.62% than previous quarter

Overall: increasing (146.65%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 1 in 2023 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2023 Quarter 1: Retained Earning on Assets 1.73 (%).Trend:Decrease 65.33% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 2.76 (%).Trend:Increase 59.54% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 4.23 (%).Trend:Increase 53.26% than previous quarter

Overall: increasing (144.51%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.28 (USD).Trend:Decrease 75.57% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.24 (USD).Trend:Increase 153.13% than previous quarter
Year 2023 Quarter 3: Earning Per Share 5.95 (USD).Trend:Increase 83.64% than previous quarter

Overall: increasing (364.84%). Fluctuation: **Significant** (high variation).



The data from Q1-Q3 2023 reveals a mixed financial picture. Working capital shows modest stability with decreasing liabilities and increasing current assets. However, significant volatility characterizes cost and investment efficiency. The Ratio of Retained Earnings to Revenue increased substantially (146.65%), as did Retained Earning on Assets (144.51%) and Earnings Per Share (364.84%). These increases, while positive, are accompanied by significant fluctuations, indicating potential underlying instability. Strategic focus should be placed on understanding and mitigating these fluctuations to ensure sustainable growth and profitability.