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 98400000000.0 (%).Trend:Decrease 10.55% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 90400000000.0 (%).Trend:Decrease 8.13% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 73800000000.0 (%).Trend:Decrease 18.36% than previous quarter

Overall: decreasing (-25.0%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 180000000000.0 (%).Trend:Decrease 3.79% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 174200000000.0 (%).Trend:Decrease 3.22% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 160200000000.0 (%).Trend:Decrease 8.04% than previous quarter

Overall: decreasing (-11.0%). 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 131400000000.0 (%).Trend:Increase 8.6% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 136000000000.0 (%).Trend:Increase 3.5% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 140700000000.0 (%).Trend:Increase 3.46% than previous quarter

Overall: increasing (7.08%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6000000000.0 (%).Trend:Decrease 69.39% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12600000000.0 (%).Trend:Increase 110.0% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18400000000.0 (%).Trend:Increase 46.03% than previous quarter

Overall: increasing (206.67%). Fluctuation: **Significant** (high variation).


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 37.17 (%).Trend:Increase 9.61% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 38.65 (%).Trend:Increase 3.98% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 41.54 (%).Trend:Increase 7.48% than previous quarter

Overall: increasing (11.76%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.94 (USD).Trend:Decrease 53.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.24 (USD).Trend:Increase 138.3% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.68 (USD).Trend:Increase 64.29% than previous quarter

Overall: increasing (291.49%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 show decreasing working capital efficiency. Liabilities on revenue decreased by 25% with moderate fluctuation. Current assets on revenue decreased by 11% with low fluctuation. Cost efficiency shows an increasing trend in the ratio of retained earnings to revenue (7.08%) with low fluctuation. However, Selling, General & Administrative (SG&A) expense ratio increased significantly (206.67%) with high fluctuation. Investment efficiency shows an increase in retained earnings on assets (11.76%) with low fluctuation. Earnings per share increased significantly (291.49%) with high fluctuation.  Significant fluctuations in some key areas, especially SG&A and earnings per share, warrant further investigation.