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 895400000000.0 (%).Trend:Increase 3.09% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 838500000000.0 (%).Trend:Decrease 6.35% than previous quarter

Overall: decreasing (-3.47%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 821600000000.0 (%).Trend:Increase 4.53% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 799400000000.0 (%).Trend:Decrease 2.7% than previous quarter

Overall: increasing (1.7%). 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 83100000000.0 (%).Trend:Decrease 499.52% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 133600000000.0 (%).Trend:Increase 60.77% than previous quarter

Overall: increasing (-742.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 87000000000.0 (%).Trend:Decrease 74.03% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 175500000000.0 (%).Trend:Increase 101.72% than previous quarter

Overall: decreasing (-47.61%). Fluctuation: **Significant** (high variation).


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 0.91 (%).Trend:Decrease 495.65% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.47 (%).Trend:Increase 61.54% than previous quarter

Overall: increasing (-739.13%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.68 (USD).Trend:Decrease 43.33% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.5 (USD).Trend:Increase 120.59% than previous quarter

Overall: increasing (25.0%). Fluctuation: **Significant** (high variation).



Financial analysis for Q3 2022 to Q2 2023 reveals fluctuating trends in various key financial metrics. Liabilities on revenue decreased overall by 3.47% with little fluctuation.  Current assets on revenue also decreased by a smaller margin of 4.6%, also with little fluctuation. Cost efficiency metrics show a significant increase in the ratio of retained earnings to revenue,  a significant decrease in SG&A expense ratio, and a significant increase in investment efficiency. Retained earnings on assets and earnings per share also show significant fluctuations, both trending upward.