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 423860000000.0 (%).Trend:Increase 46.16% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 381290000000.0 (%).Trend:Decrease 10.04% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 415760000000.0 (%).Trend:Increase 9.04% than previous quarter

Overall: decreasing (-1.91%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 485080000000.0 (%).Trend:Decrease 9.0% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 435610000000.0 (%).Trend:Decrease 10.2% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 489490000000.0 (%).Trend:Increase 12.37% than previous quarter

Overall: increasing (0.91%). 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 444040000000.0 (%).Trend:Increase 3.07% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 475590000000.0 (%).Trend:Increase 7.11% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 491370000000.0 (%).Trend:Increase 3.32% than previous quarter

Overall: increasing (10.66%). Fluctuation: **Little** (low variation).

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

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 32.51 (%).Trend:Decrease 7.33% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 35.49 (%).Trend:Increase 9.17% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 34.92 (%).Trend:Decrease 1.61% than previous quarter

Overall: increasing (7.41%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.86 (USD).Trend:Increase 44.19% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.83 (USD).Trend:Decrease 55.38% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.5 (USD).Trend:Increase 80.72% than previous quarter

Overall: decreasing (-19.35%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2022 to Q2 2023 reveals a mix of positive and negative trends. Liabilities on revenue show a slight overall decline, while current assets on revenue increased slightly.  Cost efficiency, calculated via the ratio of retained earnings to revenue, exhibited an uptrend. Investment efficiency showed an overall upward trend, but with minimal variation. Earning per share, however, decreased overall.