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 2274000000.0 (%).Trend:Increase 17.13% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 2398000000.0 (%).Trend:Increase 5.45% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 1799900000.0 (%).Trend:Decrease 24.94% than previous quarter

Overall: decreasing (-20.85%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 10940800000.0 (%).Trend:Increase 5.88% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 12101500000.0 (%).Trend:Increase 10.61% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 11957600000.0 (%).Trend:Decrease 1.19% than previous quarter

Overall: increasing (9.29%). 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 10537400000.0 (%).Trend:Increase 2.35% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 11931300000.0 (%).Trend:Increase 13.23% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 12775900000.0 (%).Trend:Increase 7.08% than previous quarter

Overall: increasing (21.24%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2398300000.0 (%).Trend:Increase 54.32% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 849000000.0 (%).Trend:Decrease 64.6% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1629400000.0 (%).Trend:Increase 91.92% than previous quarter

Overall: decreasing (-32.06%). 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 76.86 (%).Trend:Decrease 1.9% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 78.7 (%).Trend:Increase 2.39% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 82.77 (%).Trend:Increase 5.17% than previous quarter

Overall: increasing (7.69%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.33 (USD).Trend:Increase 37.5% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.17 (USD).Trend:Decrease 48.48% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.4 (USD).Trend:Increase 135.29% than previous quarter

Overall: increasing (21.21%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2022 to Q2 2023 indicates a decrease in liabilities on revenue (-20.85%) but a rise in current assets on revenue (9.29%).  Cost efficiency shows a significant decrease in SG&A expense ratio (-32.06%), while the ratio of retained earnings to revenue and earnings per share (EPS) both show increases (21.24% and 21.21% respectively).  Investment efficiency indicates a consistent increase in retained earnings on assets (7.69%). The overall financial performance shows a mixed bag of improvements and declines.