Working Capital Efficiency
The data from Quater 3 in 2021 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 3: Liabilities on Revenue 1194600000000.0 (%).Trend:Increase 15.34% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 863500000000.0 (%).Trend:Decrease 27.72% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 865000000000.0 (%).Trend:Increase 0.17% than previous quarter

Overall: decreasing (-27.59%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2021 Quarter 3: Current assets on Revenue 1352000000000.0 (%).Trend:Increase 12.29% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 831500000000.0 (%).Trend:Decrease 38.5% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 834400000000.0 (%).Trend:Increase 0.35% than previous quarter

Overall: decreasing (-38.28%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2021 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 391700000000.0 (%).Trend:Decrease 1.46% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 241700000000.0 (%).Trend:Decrease 38.29% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 252200000000.0 (%).Trend:Increase 4.34% than previous quarter

Overall: decreasing (-35.61%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 613000000000.0 (%).Trend:Increase 53.37% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 189000000000.0 (%).Trend:Decrease 69.17% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 377200000000.0 (%).Trend:Increase 99.58% than previous quarter

Overall: decreasing (-38.47%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 3 in 2021 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 3: Retained Earning on Assets 19.49 (%).Trend:Decrease 8.93% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 15.85 (%).Trend:Decrease 18.68% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 16.36 (%).Trend:Increase 3.22% than previous quarter

Overall: decreasing (-16.06%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 3: Earning Per Share 7.31 (USD).Trend:Increase 38.45% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.5 (USD).Trend:Decrease 79.48% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.86 (USD).Trend:Increase 90.67% than previous quarter

Overall: decreasing (-60.88%). Fluctuation: **Significant** (high variation).



From Q3 2021 to Q2 2023, a significant decline is observed across multiple key financial metrics. Liabilities on revenue decreased by -27.59%, current assets by -38.28%, demonstrating a substantial reduction in working capital. Cost efficiency worsened, with retained earnings to revenue decreasing by -35.61% and SG&A expenses decreasing by -38.47% (significant fluctuation). Investment efficiency also weakened, as indicated by a -16.06% decrease in retained earnings on assets and a -60.88% drop in earnings per share (significant fluctuation).