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 209520000000.0 (%).Trend:Decrease 6.56% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 223746400000.0 (%).Trend:Increase 6.79% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 231879600000.0 (%).Trend:Increase 3.64% than previous quarter

Overall: increasing (10.67%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 310980500000.0 (%).Trend:Decrease 3.73% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 357727400000.0 (%).Trend:Increase 15.03% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 353411400000.0 (%).Trend:Decrease 1.21% than previous quarter

Overall: increasing (13.64%). 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 545513400000.0 (%).Trend:Increase 2.49% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 600245300000.0 (%).Trend:Increase 10.03% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 614545500000.0 (%).Trend:Increase 2.38% than previous quarter

Overall: increasing (12.65%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 228460400000.0 (%).Trend:Increase 51.05% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 168139300000.0 (%).Trend:Decrease 26.4% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 250070400000.0 (%).Trend:Increase 48.73% than previous quarter

Overall: increasing (9.46%). 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 68.95 (%).Trend:Increase 1.94% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 66.45 (%).Trend:Decrease 3.63% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 66.76 (%).Trend:Increase 0.47% than previous quarter

Overall: decreasing (-3.18%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 7.32 (USD).Trend:Increase 40.5% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.51 (USD).Trend:Decrease 24.73% than previous quarter
Year 2023 Quarter 3: Earning Per Share 7.85 (USD).Trend:Increase 42.47% than previous quarter

Overall: increasing (7.24%). Fluctuation: **Neutral** (moderate variation).



The period from Q3 2022 to Q3 2023 shows positive trends in working capital efficiency, with both liabilities on revenue and current assets on revenue increasing significantly.  Cost efficiency improved considerably, as indicated by the rise in the ratio of retained earnings to revenue.  While SG&A expenses increased, the overall fluctuation was moderate. Investment efficiency, as measured by retained earnings on assets, decreased slightly. Earnings per share experienced a moderate increase.