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

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 18401300000.0 (%).Trend:Increase 34.64% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 21219300000.0 (%).Trend:Increase 15.31% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 15892300000.0 (%).Trend:Decrease 25.1% than previous quarter

Overall: decreasing (-13.63%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 28476700000.0 (%).Trend:Increase 36.78% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 34253600000.0 (%).Trend:Increase 20.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 24907000000.0 (%).Trend:Decrease 27.29% than previous quarter

Overall: decreasing (-12.54%). Fluctuation: **Neutral** (moderate variation).


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

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 7439400000.0 (%).Trend:Increase 10.3% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 8873300000.0 (%).Trend:Increase 19.27% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 11826700000.0 (%).Trend:Increase 33.28% than previous quarter

Overall: increasing (58.97%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1514300000.0 (%).Trend:Increase 123.02% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2545400000.0 (%).Trend:Increase 68.09% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1740700000.0 (%).Trend:Decrease 31.61% than previous quarter

Overall: increasing (14.95%). Fluctuation: **Significant** (high variation).


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

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 15.16 (%).Trend:Decrease 13.91% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 15.99 (%).Trend:Increase 5.47% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 25.17 (%).Trend:Increase 57.41% than previous quarter

Overall: increasing (66.03%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q2 2022 to Q2 2023 shows mixed results.  Liabilities on revenue decreased slightly, while current assets on revenue also decreased.  Cost efficiency, measured by the ratio of retained earnings to revenue, showed a consistent upward trend.  However, selling, general, and administrative (SG&A) expense ratios exhibited significant fluctuations.  Investment efficiency, as measured by retained earnings on assets, demonstrated a substantial increase.  These findings suggest a need for further analysis to understand the drivers behind these trends, especially the volatility in SG&A expenses and investment efficiency.