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 201400000000.0 (%).Trend:Increase 2.03% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 193300000000.0 (%).Trend:Decrease 4.02% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 183200000000.0 (%).Trend:Decrease 5.23% than previous quarter

Overall: decreasing (-9.04%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 356700000000.0 (%).Trend:Decrease 3.31% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 359300000000.0 (%).Trend:Increase 0.73% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 379100000000.0 (%).Trend:Increase 5.51% than previous quarter

Overall: increasing (6.28%). 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 371900000000.0 (%).Trend:Increase 13.32% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 412900000000.0 (%).Trend:Increase 11.02% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 442700000000.0 (%).Trend:Increase 7.22% than previous quarter

Overall: increasing (19.04%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 58600000000.0 (%).Trend:Increase 52.21% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20400000000.0 (%).Trend:Decrease 65.19% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 41100000000.0 (%).Trend:Increase 101.47% than previous quarter

Overall: decreasing (-29.86%). 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 34.69 (%).Trend:Increase 11.44% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 38.09 (%).Trend:Increase 9.8% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 40.24 (%).Trend:Increase 5.64% than previous quarter

Overall: increasing (16.0%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 11.42 (USD).Trend:Increase 74.09% than previous quarter
Year 2023 Quarter 1: Earning Per Share 4.19 (USD).Trend:Decrease 63.31% than previous quarter
Year 2023 Quarter 2: Earning Per Share 8.01 (USD).Trend:Increase 91.17% than previous quarter

Overall: decreasing (-29.86%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 suggests a mixed performance. Liabilities on revenue decreased slightly, while current assets increased, pointing to improved working capital efficiency.  Cost efficiency is positive, with a considerable increase in retained earnings-to-revenue ratios. However, the SG&A expense ratio shows a substantial, but inconsistent, decrease and increase, requiring further review. Investment efficiency also shows a clear upward trend. Earning per share, however, are experiencing significant fluctuations, and a considerable decrease.