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 14632800000.0 (%).Trend:Increase 5.78% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 14412400000.0 (%).Trend:Decrease 1.51% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 14507800000.0 (%).Trend:Increase 0.66% than previous quarter

Overall: decreasing (-0.85%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 78649000000.0 (%).Trend:Increase 8.69% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 82787600000.0 (%).Trend:Increase 5.26% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 86847600000.0 (%).Trend:Increase 4.9% than previous quarter

Overall: increasing (10.42%). 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 5246600000.0 (%).Trend:Increase 31.08% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 7142600000.0 (%).Trend:Increase 36.14% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 8064000000.0 (%).Trend:Increase 12.9% than previous quarter

Overall: increasing (53.7%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12307800000.0 (%).Trend:Decrease 63.16% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25051300000.0 (%).Trend:Increase 103.54% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 37643300000.0 (%).Trend:Increase 50.26% than previous quarter

Overall: increasing (205.85%). 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 3.76 (%).Trend:Increase 24.09% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 4.99 (%).Trend:Increase 32.71% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 5.49 (%).Trend:Increase 10.02% than previous quarter

Overall: increasing (46.01%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.22 (USD).Trend:Decrease 237.5% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.72 (USD).Trend:Increase 227.27% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.96 (USD).Trend:Increase 33.33% than previous quarter

Overall: increasing (336.36%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 to Q3 2023 reveals positive trends but also significant volatility. Liabilities on revenue exhibit slight decreases, while current assets on revenue continuously rise. The ratio of retained earnings to revenue exhibits continuous increases. SG&A expense ratios show substantial fluctuations, with a significant increase overall. Investment efficiency shows an overall upward trend in retained earnings on assets. Earnings per share show remarkable increases with significant fluctuations.  The data suggests a positive trajectory but with significant variability in cost and profit metrics, which needs further analysis.