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 117417300000.0 (%).Trend:Increase 43.85% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 109061400000.0 (%).Trend:Decrease 7.12% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 119910500000.0 (%).Trend:Increase 9.95% than previous quarter

Overall: increasing (2.12%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 361986400000.0 (%).Trend:Increase 8.42% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 366073000000.0 (%).Trend:Increase 1.13% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 382400200000.0 (%).Trend:Increase 4.46% than previous quarter

Overall: increasing (5.64%). 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 318285000000.0 (%).Trend:Increase 1.11% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 335342900000.0 (%).Trend:Increase 5.36% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 362182700000.0 (%).Trend:Increase 8.0% than previous quarter

Overall: increasing (13.79%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4402800000.0 (%).Trend:Decrease 63.91% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9035600000.0 (%).Trend:Increase 105.22% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14052800000.0 (%).Trend:Increase 55.53% than previous quarter

Overall: increasing (219.18%). Fluctuation: **Significant** (high variation).


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 37.16 (%).Trend:Decrease 11.54% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 37.27 (%).Trend:Increase 0.3% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 37.8 (%).Trend:Increase 1.42% than previous quarter

Overall: increasing (1.72%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.4 (USD).Trend:Decrease 217.65% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 400.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.51 (USD).Trend:Increase 125.5% than previous quarter

Overall: increasing (1027.5%). Fluctuation: **Significant** (high variation).



Financial analysis from Q1 to Q3 2023 shows a mixed financial performance. Liabilities on revenue increased slightly (2.12%), while current assets continued to rise (5.64%).  Cost efficiency showed improvement in the retained earnings to revenue ratio (13.79%), though SG&A expense ratio experienced significant fluctuations. Investment efficiency showed minimal improvement in retained earnings on assets (1.72%). Earnings per share experienced significant growth (1027.5%).