Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 1 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 973000000000.0 (%).Trend:Increase 11.84% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 793500000000.0 (%).Trend:Decrease 18.45% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 744000000000.0 (%).Trend:Decrease 6.24% than previous quarter

Overall: decreasing (-23.54%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 1040800000000.0 (%).Trend:Increase 3.48% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 874900000000.0 (%).Trend:Decrease 15.94% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 814200000000.0 (%).Trend:Decrease 6.94% than previous quarter

Overall: decreasing (-21.77%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 1 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 1246200000000.0 (%).Trend:Increase 37.98% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 1488800000000.0 (%).Trend:Increase 19.47% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 1731800000000.0 (%).Trend:Increase 16.32% than previous quarter

Overall: increasing (38.97%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 44000000000.0 (%).Trend:Increase 124.49% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 68700000000.0 (%).Trend:Increase 56.14% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24100000000.0 (%).Trend:Decrease 64.92% than previous quarter

Overall: decreasing (-45.23%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 2 in 2022 to Quater 1 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 16.79 (%).Trend:Increase 37.96% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 20.64 (%).Trend:Increase 22.93% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 24.19 (%).Trend:Increase 17.2% than previous quarter

Overall: increasing (44.07%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 8.71 (USD).Trend:Increase 75.6% than previous quarter
Year 2022 Quarter 3: Earning Per Share 11.47 (USD).Trend:Increase 31.69% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.08 (USD).Trend:Decrease 90.58% than previous quarter

Overall: decreasing (-87.6%). Fluctuation: **Significant** (high variation).



Financial analysis for the period from the second quarter of 2022 through the first quarter of 2023 presents a mixed bag.  Liabilities and current assets on revenue are declining, but the ratio of retained earnings to revenue continues to rise, albeit moderately. SG&A expense ratio shows a significant decrease, a stark contrast to the prior period's increasing trend.  Investment efficiency and earnings per share demonstrate upward trends, but earnings per share show a significant decline in the first quarter of 2023.