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 13206400000.0 (%).Trend:Increase 10.53% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 14770200000.0 (%).Trend:Increase 11.84% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 12552200000.0 (%).Trend:Decrease 15.02% than previous quarter

Overall: decreasing (-4.95%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 25384400000.0 (%).Trend:Increase 7.22% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 29867500000.0 (%).Trend:Increase 17.66% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 32391800000.0 (%).Trend:Increase 8.45% than previous quarter

Overall: increasing (27.61%). Fluctuation: **Neutral** (moderate 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 25163500000.0 (%).Trend:Increase 38.38% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 28768100000.0 (%).Trend:Increase 14.32% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 32204200000.0 (%).Trend:Increase 11.94% than previous quarter

Overall: increasing (27.98%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5292300000.0 (%).Trend:Decrease 66.39% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10599600000.0 (%).Trend:Increase 100.28% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15648400000.0 (%).Trend:Increase 47.63% than previous quarter

Overall: increasing (195.68%). 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 55.24 (%).Trend:Increase 30.1% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 57.52 (%).Trend:Increase 4.13% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 61.18 (%).Trend:Increase 6.36% than previous quarter

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

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 71.43% than previous quarter
Year 2023 Quarter 2: Earning Per Share 77.0 (USD).Trend:Increase 20163.16% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.0 (USD).Trend:Decrease 98.7% than previous quarter

Overall: increasing (163.16%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 show mixed results. Liabilities on revenue are decreasing slightly, but current assets are increasing steadily. Cost efficiency, measured by retained earnings to revenue, is showing sustained growth.  The SG&A expense ratio fluctuates significantly, while investment efficiency shows continued growth with increasing retained earnings on assets. Earnings per share exhibit substantial volatility.