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 14014700000.0 (%).Trend:Decrease 2.4% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 16390200000.0 (%).Trend:Increase 16.95% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 14674100000.0 (%).Trend:Decrease 10.47% than previous quarter

Overall: increasing (4.71%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 5285500000.0 (%).Trend:Decrease 13.96% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 9158200000.0 (%).Trend:Increase 73.27% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 8613200000.0 (%).Trend:Decrease 5.95% than previous quarter

Overall: increasing (62.96%). Fluctuation: **Significant** (high 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 26323900000.0 (%).Trend:Decrease 7.67% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 27515700000.0 (%).Trend:Increase 4.53% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 28521500000.0 (%).Trend:Increase 3.66% than previous quarter

Overall: increasing (8.35%). Fluctuation: **Little** (low variation).

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

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 25.27 (%).Trend:Decrease 1.06% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 25.76 (%).Trend:Increase 1.94% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 27.06 (%).Trend:Increase 5.05% than previous quarter

Overall: increasing (7.08%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.59 (USD).Trend:Increase 247.06% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.25 (USD).Trend:Decrease 142.37% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 300.0% than previous quarter

Overall: increasing (-269.49%). Fluctuation: **Significant** (high variation).



Financial analysis reveals mixed trends across different efficiency metrics from Q1 2023 to Q3 2023. Liabilities on revenue show a slightly increasing trend with little fluctuation. Current assets on revenue demonstrate a significant upward trend and substantial fluctuations. Cost efficiency (retained earnings to revenue) displays an overall positive upward trend with minimal volatility. Investment efficiency (retained earnings on assets) shows similar consistency and little fluctuation. Earnings per share, however, illustrate substantial fluctuations with sharp increases and decreases, implying substantial volatility in short-term earnings.