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

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 356757200000.0 (%).Trend:Decrease 0.7% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 358170000000.0 (%).Trend:Increase 0.4% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 365360000000.0 (%).Trend:Increase 2.01% than previous quarter

Overall: increasing (2.41%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 789708700000.0 (%).Trend:Increase 3.82% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 858340000000.0 (%).Trend:Increase 8.69% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 861140000000.0 (%).Trend:Increase 0.33% than previous quarter

Overall: increasing (9.05%). Fluctuation: **Little** (low variation).


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

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 359068800000.0 (%).Trend:Increase 6.52% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 409340000000.0 (%).Trend:Increase 14.0% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 428350000000.0 (%).Trend:Increase 4.64% than previous quarter

Overall: increasing (19.29%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 225116200000.0 (%).Trend:Increase 50.99% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 164940000000.0 (%).Trend:Decrease 26.73% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 244580000000.0 (%).Trend:Increase 48.28% than previous quarter

Overall: increasing (8.65%). Fluctuation: **Neutral** (moderate variation).


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

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 25.5 (%).Trend:Increase 4.85% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.0 (%).Trend:Increase 5.88% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 28.24 (%).Trend:Increase 4.59% than previous quarter

Overall: increasing (10.75%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 11.8 (USD).Trend:Increase 60.11% than previous quarter
Year 2023 Quarter 2: Earning Per Share 7.07 (USD).Trend:Decrease 40.08% than previous quarter
Year 2023 Quarter 3: Earning Per Share 11.34 (USD).Trend:Increase 60.4% than previous quarter

Overall: decreasing (-3.9%). Fluctuation: **Neutral** (moderate variation).



Financial data from Q3 2022 to Q3 2023 indicates a generally positive trajectory. Liabilities on revenue slightly increased, while current assets and the ratio of retained earnings to revenue showed steady increases. Cost efficiency, as measured by SG&A, showed an increase with fluctuations, though the overall trend remains positive. Investment efficiency remained steadily positive. Earnings per share demonstrated a decrease in Q2 2023, followed by an increase in Q3 2023. A further review of the factors influencing these changes and their implications for future performance is necessary.