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 31496000000.0 (%).Trend:Decrease 10.18% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30014300000.0 (%).Trend:Decrease 4.7% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 30795400000.0 (%).Trend:Increase 2.6% than previous quarter

Overall: decreasing (-2.22%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 39516800000.0 (%).Trend:Decrease 0.8% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 41115500000.0 (%).Trend:Increase 4.05% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 41373100000.0 (%).Trend:Increase 0.63% than previous quarter

Overall: increasing (4.7%). 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 59833900000.0 (%).Trend:Increase 11.2% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 62688500000.0 (%).Trend:Increase 4.77% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 61455700000.0 (%).Trend:Decrease 1.97% than previous quarter

Overall: increasing (2.71%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2511400000.0 (%).Trend:Decrease 61.43% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4912600000.0 (%).Trend:Increase 95.61% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7071100000.0 (%).Trend:Increase 43.94% than previous quarter

Overall: increasing (181.56%). 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 41.3 (%).Trend:Increase 11.71% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 42.73 (%).Trend:Increase 3.46% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 41.62 (%).Trend:Decrease 2.6% than previous quarter

Overall: increasing (0.77%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.27 (USD).Trend:Decrease 74.19% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.46 (USD).Trend:Increase 93.7% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.18 (USD).Trend:Decrease 11.38% than previous quarter

Overall: increasing (71.65%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2023 reveal a mixed picture. Liabilities on revenue are decreasing marginally (-2.22%), while current assets are increasing (4.7%).  The ratio of retained earnings to revenue also shows a positive trend (2.71%), with minimal fluctuations. However, selling, general, and administrative (SG&A) expense ratio increased considerably (181.56%) with substantial variation. Investment efficiency, as measured by retained earnings on assets, shows a slight increase (0.77%).  Earnings per share have significant fluctuation (71.65%).  These inconsistent trends suggest potential areas for further analysis.