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 217044300000.0 (%).Trend:Decrease 6.83% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 190530000000.0 (%).Trend:Decrease 12.22% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 233720000000.0 (%).Trend:Increase 22.67% than previous quarter

Overall: increasing (7.68%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 324589000000.0 (%).Trend:Decrease 7.51% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 334150000000.0 (%).Trend:Increase 2.95% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 354460000000.0 (%).Trend:Increase 6.08% than previous quarter

Overall: increasing (9.2%). 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 128050900000.0 (%).Trend:Increase 8.26% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 136840000000.0 (%).Trend:Increase 6.86% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 145450000000.0 (%).Trend:Increase 6.29% than previous quarter

Overall: increasing (13.59%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20761300000.0 (%).Trend:Increase 50.33% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7520000000.0 (%).Trend:Decrease 63.78% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15050000000.0 (%).Trend:Increase 100.13% than previous quarter

Overall: decreasing (-27.51%). 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 26.52 (%).Trend:Increase 16.47% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 27.31 (%).Trend:Increase 2.98% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.86 (%).Trend:Increase 2.01% than previous quarter

Overall: increasing (5.05%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis from Q3 2022 to Q2 2023 reveals an overall upward trend in liabilities and current assets relative to revenue.  Cost efficiency showcases a steady increase in retained earnings-to-revenue ratios, contrasting with the significant fluctuations in the SG&A expense ratio. Investment efficiency consistently demonstrates growth in retained earnings on assets.