Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 100090000000.0 (%).Trend:Decrease 23.31% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 95620000000.0 (%).Trend:Decrease 4.47% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 95500000000.0 (%).Trend:Decrease 0.13% than previous quarter

Overall: decreasing (-4.59%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 390900000000.0 (%).Trend:Increase 0.71% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 402120000000.0 (%).Trend:Increase 2.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 421140000000.0 (%).Trend:Increase 4.73% than previous quarter

Overall: increasing (7.74%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 148160000000.0 (%).Trend:Increase 18.23% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 178770000000.0 (%).Trend:Increase 20.66% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 200620000000.0 (%).Trend:Increase 12.22% than previous quarter

Overall: increasing (35.41%). Fluctuation: **Neutral** (moderate variation).

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

Invest Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 15.83 (%).Trend:Increase 20.2% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 19.24 (%).Trend:Increase 21.54% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 21.23 (%).Trend:Increase 10.34% than previous quarter

Overall: increasing (34.11%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


The financial statements reveal positive financial performance for the period Q3 2022 to Q2 2023.  Decreasing liabilities on revenue and increasing current assets on revenue suggest strong working capital management.  Profitability is increasing, as evidenced by the significant rise in the ratio of retained earnings to revenue.  Further, a positive trend is observed in retained earnings on assets, suggesting effective investment strategies.  Crucially, no data is provided for Selling, General & Administrative (SG&A) expense ratio and Earning Per Share, limiting the comprehensive evaluation.