Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 42340000000.0 (%).Trend:Increase 1.68% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42080000000.0 (%).Trend:Decrease 0.61% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 40510000000.0 (%).Trend:Decrease 3.73% than previous quarter

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

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 92280000000.0 (%).Trend:Increase 5.91% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 97510000000.0 (%).Trend:Increase 5.67% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 95150000000.0 (%).Trend:Decrease 2.42% than previous quarter

Overall: increasing (3.11%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 36330000000.0 (%).Trend:Increase 8.87% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 60730000000.0 (%).Trend:Increase 67.16% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 64030000000.0 (%).Trend:Increase 5.43% than previous quarter

Overall: increasing (76.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 10.75 (%).Trend:Increase 7.5% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 17.37 (%).Trend:Increase 61.58% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 18.35 (%).Trend:Increase 5.64% than previous quarter

Overall: increasing (70.7%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.88 (USD).Trend:Increase 54.1% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.99 (USD).Trend:Increase 5.85% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.71 (USD).Trend:Increase 36.18% than previous quarter

Overall: increasing (44.15%). Fluctuation: **Neutral** (moderate variation).



Financial statements for Q3 2022 to Q3 2023 show a mixed performance.  Liabilities on revenue have decreased while current assets on revenue have continued to increase slightly.  Cost efficiency, as indicated by the ratio of retained earnings to revenue, reveals a substantial increase in Q2 and Q3 2023, highlighting a sharp improvement in this area.  Investment efficiency demonstrates a strong upward trend as well, particularly in Q2 and Q3 2023. Earning per share shows a consistent positive trend throughout the period. Overall, the performance reflects strong growth in cost and investment efficiency, while liabilities exhibit some contraction.