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 63932700000.0 (%).Trend:Increase 1.77% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 56952000000.0 (%).Trend:Decrease 10.92% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 50301800000.0 (%).Trend:Decrease 11.68% than previous quarter

Overall: decreasing (-21.32%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 111119700000.0 (%).Trend:Decrease 8.1% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 89695000000.0 (%).Trend:Decrease 19.28% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 73060900000.0 (%).Trend:Decrease 18.55% than previous quarter

Overall: decreasing (-34.25%). Fluctuation: **Neutral** (moderate 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 330628500000.0 (%).Trend:Decrease 0.04% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 349549200000.0 (%).Trend:Increase 5.72% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 358206200000.0 (%).Trend:Increase 2.48% than previous quarter

Overall: increasing (8.34%). Fluctuation: **Little** (low variation).

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

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 68.72 (%).Trend:Decrease 0.41% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 70.52 (%).Trend:Increase 2.62% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 71.94 (%).Trend:Increase 2.01% than previous quarter

Overall: increasing (4.69%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 9.0 (USD).Trend:Increase 51.52% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 77.78% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 150.0% than previous quarter

Overall: decreasing (-44.44%). Fluctuation: **Significant** (high variation).



Analysis of financial statements from Q3 2022 to Q2 2023 shows a decrease in liabilities on revenue, with moderate variation.  Current assets on revenue show a considerable decrease, indicating a possible decrease in operational efficiency.  Retained earnings and assets show an overall positive trend with minor fluctuations.  Earnings per share experienced significant variation, with a substantial drop in Q1 2023 followed by recovery in Q2.