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 99900000000.0 (%).Trend:Increase 0.55% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 96230000000.0 (%).Trend:Decrease 3.67% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 98190000000.0 (%).Trend:Increase 2.04% than previous quarter

Overall: decreasing (-1.71%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 348120000000.0 (%).Trend:Increase 6.47% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 353340000000.0 (%).Trend:Increase 1.5% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 360500000000.0 (%).Trend:Increase 2.03% than previous quarter

Overall: increasing (3.56%). 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 645810000000.0 (%).Trend:Increase 5.11% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 663560000000.0 (%).Trend:Increase 2.75% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 679230000000.0 (%).Trend:Increase 2.36% than previous quarter

Overall: increasing (5.17%). 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 90.63 (%).Trend:Increase 0.83% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 91.77 (%).Trend:Increase 1.26% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 92.99 (%).Trend:Increase 1.33% than previous quarter

Overall: increasing (2.6%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 4.0 (USD).Trend:Decrease 66.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 9.0 (USD).Trend:Increase 125.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 14.0 (USD).Trend:Increase 55.56% than previous quarter

Overall: increasing (250.0%). Fluctuation: **Significant** (high variation).



Financial analysis from Q1 to Q3 2023 reveals varying performance indicators. Liabilities on revenue decreased slightly, while current assets increased consistently. Cost efficiency, as reflected in the ratio of retained earnings to revenue, shows a steady upward trend. Investment efficiency is also positively impacted, displaying a consistent rise in retained earnings on assets. Earnings per share, however, saw a significant decline in Q1 2023 before recovering significantly in later quarters.  These fluctuations underscore the need for deeper analysis into the underlying drivers.