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 58730000000.0 (%).Trend:Decrease 0.63% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 72510000000.0 (%).Trend:Increase 23.46% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 67910000000.0 (%).Trend:Decrease 6.34% than previous quarter

Overall: increasing (15.63%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 91760000000.0 (%).Trend:Decrease 8.56% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 95290000000.0 (%).Trend:Increase 3.85% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 91450000000.0 (%).Trend:Decrease 4.03% than previous quarter

Overall: decreasing (-0.34%). 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 87280000000.0 (%).Trend:Decrease 5.15% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 87550000000.0 (%).Trend:Increase 0.31% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 87530000000.0 (%).Trend:Decrease 0.02% than previous quarter

Overall: increasing (0.29%). Fluctuation: **Little** (low variation).

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

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 39.91 (%).Trend:Increase 0.58% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 38.02 (%).Trend:Decrease 4.74% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 38.59 (%).Trend:Increase 1.5% than previous quarter

Overall: decreasing (-3.31%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.1 (USD).Trend:Decrease 300.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.07 (USD).Trend:Decrease 170.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.17 (USD).Trend:Increase 142.86% than previous quarter

Overall: increasing (-270.0%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2023 to Q3 2023 reveals increasing liabilities on revenue (15.63%), while current assets on revenue show a slight decrease (-0.34%).  The retained earnings-to-revenue ratio saw a small increase (0.29%).  Retained earnings on assets decreased (-3.31%), while earnings per share exhibited a significant upward trend with considerable fluctuation.