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 95308300000.0 (%).Trend:Increase 1.44% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 95599900000.0 (%).Trend:Increase 0.31% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 88762800000.0 (%).Trend:Decrease 7.15% than previous quarter

Overall: decreasing (-6.87%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 259781500000.0 (%).Trend:Increase 7.8% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 288256800000.0 (%).Trend:Increase 10.96% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 273057200000.0 (%).Trend:Decrease 5.27% than previous quarter

Overall: increasing (5.11%). Fluctuation: **Little** (low 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 104461900000.0 (%).Trend:Increase 6.92% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 112194400000.0 (%).Trend:Increase 7.4% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 119718400000.0 (%).Trend:Increase 6.71% than previous quarter

Overall: increasing (14.6%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28705700000.0 (%).Trend:Decrease 68.79% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 59121200000.0 (%).Trend:Increase 105.96% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 91104600000.0 (%).Trend:Increase 54.1% than previous quarter

Overall: increasing (217.37%). 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 27.49 (%).Trend:Increase 0.84% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.34 (%).Trend:Decrease 0.55% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 29.64 (%).Trend:Increase 8.41% than previous quarter

Overall: increasing (7.82%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 81.82% than previous quarter
Year 2023 Quarter 2: Earning Per Share 7.0 (USD).Trend:Increase 250.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 11.0 (USD).Trend:Increase 57.14% than previous quarter

Overall: increasing (450.0%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2023 to Q3 2023 shows mixed results. Working capital efficiency exhibits stable, though slightly decreasing, liabilities on revenue, and increasing current assets on revenue.  Cost efficiency indicates a significant increase in SG&A expense ratios, with large fluctuations. The ratio of retained earnings to revenue shows a consistent and moderate increase.  Investment efficiency, measured by retained earnings on assets, is also increasing, but with less fluctuation than the SG&A ratio. Earnings per share (EPS) show high fluctuation with a notable increase overall.  Careful monitoring of SG&A expenses and EPS is recommended due to their volatility.