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 1155300000000.0 (%).Trend:Decrease 17.46% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 954800000000.0 (%).Trend:Decrease 17.35% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 1033800000000.0 (%).Trend:Increase 8.27% than previous quarter

Overall: decreasing (-10.52%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 1611600000000.0 (%).Trend:Decrease 21.2% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 1350100000000.0 (%).Trend:Decrease 16.23% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 1718100000000.0 (%).Trend:Increase 27.26% than previous quarter

Overall: increasing (6.61%). 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 5459300000000.0 (%).Trend:Increase 6.46% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 5548300000000.0 (%).Trend:Increase 1.63% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 5695200000000.0 (%).Trend:Increase 2.65% than previous quarter

Overall: increasing (4.32%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15900000000.0 (%).Trend:Decrease 63.11% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36400000000.0 (%).Trend:Increase 128.93% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 53300000000.0 (%).Trend:Increase 46.43% than previous quarter

Overall: increasing (235.22%). 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 59.7 (%).Trend:Increase 10.41% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 61.92 (%).Trend:Increase 3.72% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 60.81 (%).Trend:Decrease 1.79% than previous quarter

Overall: increasing (1.86%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.38 (USD).Trend:Decrease 78.36% than previous quarter
Year 2023 Quarter 2: Earning Per Share 4.23 (USD).Trend:Increase 77.73% than previous quarter
Year 2023 Quarter 3: Earning Per Share 6.56 (USD).Trend:Increase 55.08% than previous quarter

Overall: increasing (175.63%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2023 to Q3 2023 show a mixed picture of financial performance. Liabilities on revenue have decreased overall, but with some fluctuation.  Current assets on revenue are increasing overall with moderate variation. Cost efficiency shows a significant increase in the SG&A expense ratio, while the ratio of retained earnings to revenue and retained earnings on assets are both increasing with little fluctuation. Earnings per share are also significantly increasing, but with high variation.  Overall, the company's cost structure is expanding, but working capital efficiency and investment efficiency show some positive trends.