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 59300000000.0 (%).Trend:Increase 1.52% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 65500000000.0 (%).Trend:Increase 10.46% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 53800000000.0 (%).Trend:Decrease 17.86% than previous quarter

Overall: decreasing (-9.27%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 62500000000.0 (%).Trend:Decrease 1.53% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 64400000000.0 (%).Trend:Increase 3.04% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 72900000000.0 (%).Trend:Increase 13.2% than previous quarter

Overall: increasing (16.64%). 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 27200000000.0 (%).Trend:Increase 89.68% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 33000000000.0 (%).Trend:Increase 21.32% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 42500000000.0 (%).Trend:Increase 28.79% than previous quarter

Overall: increasing (56.25%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10600000000.0 (%).Trend:Decrease 64.42% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21700000000.0 (%).Trend:Increase 104.72% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33200000000.0 (%).Trend:Increase 53.0% than previous quarter

Overall: increasing (213.21%). 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 4.33 (%).Trend:Increase 71.83% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 4.93 (%).Trend:Increase 13.86% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 6.17 (%).Trend:Increase 25.15% than previous quarter

Overall: increasing (42.49%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.31 (USD).Trend:Decrease 70.35% than previous quarter
Year 2023 Quarter 2: Earning Per Share 4.98 (USD).Trend:Increase 115.58% than previous quarter
Year 2023 Quarter 3: Earning Per Share 8.98 (USD).Trend:Increase 80.32% than previous quarter

Overall: increasing (288.74%). Fluctuation: **Significant** (high variation).



Financial performance for Q1-Q3 2023 displays a mixed bag. Liabilities on revenue are decreasing, contrasting with increasing current assets on revenue. Cost efficiency shows a clear upward trend in the ratio of retained earnings to revenue. However, the Selling, General, and Administrative (SG&A) expense ratio and earnings per share show significant fluctuations with increases and decreases, which warrants further investigation. Investment efficiency, using retained earnings on assets, displays a moderate increase, potentially indicating sound investment strategies.