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 14632800000.0 (%).Trend:Increase 5.78% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 14412400000.0 (%).Trend:Decrease 1.51% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 14507800000.0 (%).Trend:Increase 0.66% than previous quarter

Overall: decreasing (-0.85%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 78649000000.0 (%).Trend:Increase 8.69% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 82787600000.0 (%).Trend:Increase 5.26% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 86847600000.0 (%).Trend:Increase 4.9% than previous quarter

Overall: increasing (10.42%). 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 5246600000.0 (%).Trend:Increase 31.08% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 7142600000.0 (%).Trend:Increase 36.14% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 8064000000.0 (%).Trend:Increase 12.9% than previous quarter

Overall: increasing (53.7%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12307800000.0 (%).Trend:Decrease 63.16% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25051300000.0 (%).Trend:Increase 103.54% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 37643300000.0 (%).Trend:Increase 50.26% than previous quarter

Overall: increasing (205.85%). 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 3.76 (%).Trend:Increase 24.09% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 4.99 (%).Trend:Increase 32.71% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 5.49 (%).Trend:Increase 10.02% than previous quarter

Overall: increasing (46.01%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.22 (USD).Trend:Decrease 237.5% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.72 (USD).Trend:Increase 227.27% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.96 (USD).Trend:Increase 33.33% than previous quarter

Overall: increasing (336.36%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2023 highlight mixed results. Liabilities on revenue show a slight overall decrease. Current assets on revenue show consistent increase.  Cost efficiency metrics like the ratio of retained earnings to revenue are consistently increasing, demonstrating strong performance. SG&A expenses exhibit a significant increase, although with notable fluctuations. Retained earnings on assets consistently increase while earnings per share also increase significantly.  Key takeaways:  Significant upward trend in cost and investment efficiency, alongside stable working capital, point to positive financial performance. However, the high variability in SG&A and earnings per share warrants further investigation.