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 42340000000.0 (%).Trend:Increase 1.68% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42080000000.0 (%).Trend:Decrease 0.61% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 40510000000.0 (%).Trend:Decrease 3.73% than previous quarter

Overall: decreasing (-4.32%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 92280000000.0 (%).Trend:Increase 5.91% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 97510000000.0 (%).Trend:Increase 5.67% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 95150000000.0 (%).Trend:Decrease 2.42% than previous quarter

Overall: increasing (3.11%). 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 36330000000.0 (%).Trend:Increase 8.87% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 60730000000.0 (%).Trend:Increase 67.16% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 64030000000.0 (%).Trend:Increase 5.43% than previous quarter

Overall: increasing (76.25%). Fluctuation: **Significant** (high variation).

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

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 10.75 (%).Trend:Increase 7.5% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 17.37 (%).Trend:Increase 61.58% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 18.35 (%).Trend:Increase 5.64% than previous quarter

Overall: increasing (70.7%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.88 (USD).Trend:Increase 54.1% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.99 (USD).Trend:Increase 5.85% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.71 (USD).Trend:Increase 36.18% than previous quarter

Overall: increasing (44.15%). Fluctuation: **Neutral** (moderate variation).



Financial statements from Q3 2022 to Q3 2023 illustrate mixed financial performance. Liabilities on revenue have decreased, while current assets on revenue show slight increases and decreases.  A significant positive trend is apparent in cost efficiency, notably the ratio of retained earnings to revenue, which experiences a substantial increase.  Investment efficiency displays a similar strong upward trend, primarily evident from Q2 2023 onward.  Earning per share demonstrates consistent increases throughout the reporting period. Overall, the data suggests robust growth in cost and investment efficiency, despite some reduction in liabilities.