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 2583700000000.0 (%).Trend:Increase 0.72% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 2961800000000.0 (%).Trend:Increase 14.63% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 3266000000000.0 (%).Trend:Increase 10.27% than previous quarter

Overall: increasing (26.41%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 2242700000000.0 (%).Trend:Decrease 4.74% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 2495400000000.0 (%).Trend:Increase 11.27% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 2864900000000.0 (%).Trend:Increase 14.81% than previous quarter

Overall: increasing (27.74%). Fluctuation: **Neutral** (moderate 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 6814200000000.0 (%).Trend:Decrease 1.06% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 6913500000000.0 (%).Trend:Increase 1.46% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 7047900000000.0 (%).Trend:Increase 1.94% than previous quarter

Overall: increasing (3.43%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 722900000000.0 (%).Trend:Decrease 67.53% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1577100000000.0 (%).Trend:Increase 118.16% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2452800000000.0 (%).Trend:Increase 55.53% than previous quarter

Overall: increasing (239.3%). 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 73.24 (%).Trend:Increase 0.45% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 72.09 (%).Trend:Decrease 1.57% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 70.51 (%).Trend:Decrease 2.19% than previous quarter

Overall: decreasing (-3.73%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.4 (USD).Trend:Decrease 76.94% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.4 (USD).Trend:Increase 142.86% than previous quarter
Year 2023 Quarter 3: Earning Per Share 5.64 (USD).Trend:Increase 65.88% than previous quarter

Overall: increasing (302.86%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2023-Q3 2023 reveals an increase in working capital efficiency, with liabilities on revenue and current assets on revenue both exhibiting increases of 26.41% and 27.74% respectively. Cost efficiency (retained earnings/revenue) shows a moderate increase of 3.43%. However, selling, general, and administrative (SG&A) expense ratios saw significant fluctuations, increasing by 239.3%. Investment efficiency, measured by retained earnings on assets, decreased slightly by 3.73%. Earnings per share increased substantially by 302.86%, though this increase is subject to significant quarter-to-quarter variation.