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 5163200000.0 (%).Trend:Increase 7.1% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 5647100000.0 (%).Trend:Increase 9.37% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 6341600000.0 (%).Trend:Increase 12.3% than previous quarter

Overall: increasing (22.82%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 33664700000.0 (%).Trend:Increase 3.92% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 31903000000.0 (%).Trend:Decrease 5.23% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 33380000000.0 (%).Trend:Increase 4.63% than previous quarter

Overall: decreasing (-0.85%). 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 33589700000.0 (%).Trend:Increase 2.73% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 32406800000.0 (%).Trend:Decrease 3.52% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 33108700000.0 (%).Trend:Increase 2.17% than previous quarter

Overall: decreasing (-1.43%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2018100000.0 (%).Trend:Increase 47.36% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1590000000.0 (%).Trend:Decrease 21.21% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2380400000.0 (%).Trend:Increase 49.71% than previous quarter

Overall: increasing (17.95%). Fluctuation: **Neutral** (moderate variation).


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 82.44 (%).Trend:Decrease 0.66% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 80.65 (%).Trend:Decrease 2.17% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 79.59 (%).Trend:Decrease 1.31% than previous quarter

Overall: decreasing (-3.46%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 47.06% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter

Overall: increasing (50.0%). Fluctuation: **Neutral** (moderate variation).



Analysis of Q3 2022 to Q3 2023 data reveals a mixed financial picture.  A substantial increase in liabilities on revenue (22.82%) is offset by a strong rise in earnings per share (50%). Current assets on revenue slightly decreased (-0.85%), while retained earnings and retained earnings on assets showed declines (-1.43% and -3.46%, respectively). The increase in SG&A expenses (17.95%) warrants further investigation.