Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 4188100000.0 (%).Trend:Decrease 14.59% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 3634200000.0 (%).Trend:Decrease 13.23% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 4170500000.0 (%).Trend:Increase 14.76% than previous quarter

Overall: decreasing (-0.42%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 25578200000.0 (%).Trend:Decrease 1.28% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 24708400000.0 (%).Trend:Decrease 3.4% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 25169900000.0 (%).Trend:Increase 1.87% than previous quarter

Overall: decreasing (-1.6%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 9608800000.0 (%).Trend:Increase 12.2% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 8513300000.0 (%).Trend:Decrease 11.4% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 9387300000.0 (%).Trend:Increase 10.27% than previous quarter

Overall: decreasing (-2.31%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9877900000.0 (%).Trend:Increase 49.92% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3077500000.0 (%).Trend:Decrease 68.84% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6270800000.0 (%).Trend:Increase 103.76% than previous quarter

Overall: decreasing (-36.52%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 16.02 (%).Trend:Increase 13.06% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 15.2 (%).Trend:Decrease 5.12% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 16.77 (%).Trend:Increase 10.33% than previous quarter

Overall: increasing (4.68%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.55 (USD).Trend:Increase 72.22% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.43 (USD).Trend:Decrease 72.26% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 132.56% than previous quarter

Overall: decreasing (-35.48%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 are analyzed.  Liabilities on revenue and current assets on revenue both show minor decreases with little fluctuation.  The ratio of retained earnings to revenue slightly decreased with little fluctuation.  SG&A expense ratios saw a significant drop, characterized by high variation.  Investment efficiency shows a moderate rise in retained earnings on assets with little fluctuation. Earnings per share decreased significantly with high variation.