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

Liabilities on Revenue
Year 2023 Quarter 1: Liabilities on Revenue 26794200000.0 (%).Trend:Increase 28.91% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 24846000000.0 (%).Trend:Decrease 7.27% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 26117800000.0 (%).Trend:Increase 5.12% than previous quarter

Overall: decreasing (-2.52%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 93444200000.0 (%).Trend:Increase 20.55% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 95016900000.0 (%).Trend:Increase 1.68% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 101504100000.0 (%).Trend:Increase 6.83% than previous quarter

Overall: increasing (8.63%). Fluctuation: **Little** (low variation).


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

Ratio of Retained Earnings to Revenue
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 15601400000.0 (%).Trend:Increase 120.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 20681300000.0 (%).Trend:Increase 32.56% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 26152100000.0 (%).Trend:Increase 26.45% than previous quarter

Overall: increasing (67.63%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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

Retained Earning on Assets
Year 2023 Quarter 1: Retained Earning on Assets 14.45 (%).Trend:Increase 84.78% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 18.44 (%).Trend:Increase 27.61% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 21.76 (%).Trend:Increase 18.0% than previous quarter

Overall: increasing (50.59%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.46 (USD).Trend:Decrease 61.68% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.34 (USD).Trend:Increase 128.77% than previous quarter
Year 2023 Quarter 3: Earning Per Share 5.35 (USD).Trend:Increase 60.18% than previous quarter

Overall: increasing (266.44%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2023 to Q3 2023 reveals a slightly decreasing trend in liabilities on revenue, counterbalanced by a steady increase in current assets on revenue. The ratio of retained earnings to revenue, retained earnings on assets, and earnings per share all demonstrate significant upward trends across the three quarters.  While liabilities show little fluctuation, retained earnings and earnings per share exhibit substantial changes.