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 1739600000.0 (%).Trend:Decrease 32.46% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 2130300000.0 (%).Trend:Increase 22.46% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 1913100000.0 (%).Trend:Decrease 10.2% than previous quarter

Overall: increasing (9.97%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 1486600000.0 (%).Trend:Increase 11.61% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 1536000000.0 (%).Trend:Increase 3.32% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 1611000000.0 (%).Trend:Increase 4.88% than previous quarter

Overall: increasing (8.37%). 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 7371900000.0 (%).Trend:Increase 4.06% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 7734500000.0 (%).Trend:Increase 4.92% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 8201200000.0 (%).Trend:Increase 6.03% than previous quarter

Overall: increasing (11.25%). 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 14.06 (%).Trend:Decrease 2.02% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 14.23 (%).Trend:Increase 1.21% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 14.6 (%).Trend:Increase 2.6% than previous quarter

Overall: increasing (3.84%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis for Q1 2023 to Q3 2023 shows increasing trends across several key areas.  Liabilities on revenue fluctuated, decreasing in Q1 and Q3 before increasing in Q2. Current assets on revenue also show an increasing trend with relatively little fluctuation.  Cost efficiency, as measured by the ratio of retained earnings to revenue, is also increasing steadily quarter over quarter.  Investment efficiency, as measured by retained earnings on assets, is also increasing, though with a slight fluctuation.  Overall, the financial performance indicates positive growth and stability.