Working Capital Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 2: Liabilities on Revenue 2664200000000.0 (%).Trend:Increase 0.36% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 2741300000000.0 (%).Trend:Increase 2.89% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 2707000000000.0 (%).Trend:Decrease 1.25% than previous quarter

Overall: increasing (1.61%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2021 Quarter 2: Current assets on Revenue 3287700000000.0 (%).Trend:Decrease 5.73% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 3396600000000.0 (%).Trend:Increase 3.31% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 2691200000000.0 (%).Trend:Decrease 20.77% than previous quarter

Overall: decreasing (-18.14%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 3936500000000.0 (%).Trend:Increase 2.36% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 4031100000000.0 (%).Trend:Increase 2.4% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 4495500000000.0 (%).Trend:Increase 11.52% than previous quarter

Overall: increasing (14.2%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 603000000000.0 (%).Trend:Increase 106.72% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 919800000000.0 (%).Trend:Increase 52.54% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 382700000000.0 (%).Trend:Decrease 58.39% than previous quarter

Overall: decreasing (-36.53%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 2 in 2021 to Quater 1 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 2: Retained Earning on Assets 19.66 (%).Trend:Increase 3.2% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 19.93 (%).Trend:Increase 1.37% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 22.24 (%).Trend:Increase 11.59% than previous quarter

Overall: increasing (13.12%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis from Q3 2021 to Q2 2023 indicates a slight increase in liabilities on revenue (2.35%), minimal variation.  Current assets, however, are decreasing (-16.79%) with moderate fluctuation.  Cost efficiency, as measured by the retained earnings-to-revenue ratio, is increasing (14.7%),  with limited variation. The SG&A expense ratio is decreasing (-19.1%), displaying considerable fluctuation.  Investment efficiency (retained earnings on assets) is increasing (13.25%) with minimal fluctuation.  Careful attention is required for the significant variation in current assets and SG&A.