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

Liabilities on Revenue
Current assets on Revenue

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 2534400000000.0 (%).Trend:Increase 3.44% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 2757700000000.0 (%).Trend:Increase 8.81% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 2794400000000.0 (%).Trend:Increase 1.33% than previous quarter

Overall: increasing (10.26%). Fluctuation: **Little** (low 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 4.62 (%).Trend:Increase 2.9% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 4.97 (%).Trend:Increase 7.58% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 5.15 (%).Trend:Increase 3.62% than previous quarter

Overall: increasing (11.47%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.25 (USD).Trend:Increase 55.5% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.99 (USD).Trend:Decrease 38.77% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.79 (USD).Trend:Increase 40.2% than previous quarter

Overall: decreasing (-14.15%). Fluctuation: **Neutral** (moderate variation).



The financial analysis covers working capital efficiency, liabilities on revenue, cost efficiency, and several key ratios.  Ratio of retained earnings to revenue increased from Q3 2022 to Q3 2023 by 10.26%, with little fluctuation.  Retained earnings on assets also rose by 11.47% over the same period, also with little fluctuation. Earnings per share, however, showed a decrease overall (-14.15%), with some fluctuations.  Three quarters of data were analyzed for each category.