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 316600000000.0 (%).Trend:Decrease 1.4% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 319000000000.0 (%).Trend:Increase 0.76% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 314000000000.0 (%).Trend:Decrease 1.57% than previous quarter

Overall: decreasing (-0.82%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 483700000000.0 (%).Trend:Decrease 3.09% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 487800000000.0 (%).Trend:Increase 0.85% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 506000000000.0 (%).Trend:Increase 3.73% than previous quarter

Overall: increasing (4.61%). 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 78000000000.0 (%).Trend:Decrease 13.14% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 83100000000.0 (%).Trend:Increase 6.54% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 100000000000.0 (%).Trend:Increase 20.34% than previous quarter

Overall: increasing (28.21%). Fluctuation: **Neutral** (moderate 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 11.76 (%).Trend:Decrease 10.02% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 12.3 (%).Trend:Increase 4.59% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 13.96 (%).Trend:Increase 13.5% than previous quarter

Overall: increasing (18.71%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis for Q1-Q3 2023 shows a mixed picture. Liabilities on revenue are decreasing, but current assets on revenue are increasing, indicating a slight improvement in working capital.  Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a substantial increase, suggesting a potential improvement in profitability.  Investment efficiency, with increasing retained earnings on assets, also points towards a possible positive shift.