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

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 110000000000.0 (%).Trend:Decrease 21.82% than previous quarter
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

Overall: decreasing (-17.82%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 187100000000.0 (%).Trend:Increase 5.23% than previous quarter
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

Overall: decreasing (-6.89%). Fluctuation: **Little** (low variation).


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

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 121000000000.0 (%).Trend:Increase 6.61% than previous quarter
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

Overall: increasing (12.4%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19600000000.0 (%).Trend:Increase 35.17% than previous quarter
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

Overall: decreasing (-35.71%). Fluctuation: **Significant** (high variation).


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

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 33.91 (%).Trend:Increase 5.28% than previous quarter
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

Overall: increasing (13.98%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 566.67% than previous quarter
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

Overall: increasing (12.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show a mixed performance. Liabilities on revenue decreased considerably, but current assets on revenue also decreased. The ratio of retained earnings to revenue rose steadily. Selling, general, and administrative (SG&A) expenses decreased significantly in Q1 2023, but later rose again. Investment efficiency shows a steady increase in retained earnings on assets. Earnings per share had considerable variation.