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 37386400000.0 (%).Trend:Decrease 8.86% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 32142400000.0 (%).Trend:Decrease 14.03% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 34848900000.0 (%).Trend:Increase 8.42% than previous quarter

Overall: decreasing (-6.79%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 82967300000.0 (%).Trend:Decrease 1.56% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 80385400000.0 (%).Trend:Decrease 3.11% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 78788300000.0 (%).Trend:Decrease 1.99% than previous quarter

Overall: decreasing (-5.04%). 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 56213500000.0 (%).Trend:Increase 0.55% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 56989900000.0 (%).Trend:Increase 1.38% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 57275300000.0 (%).Trend:Increase 0.5% than previous quarter

Overall: increasing (1.89%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20455100000.0 (%).Trend:Increase 55.73% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6963300000.0 (%).Trend:Decrease 65.96% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14347600000.0 (%).Trend:Increase 106.05% 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 42.63 (%).Trend:Increase 1.16% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 43.17 (%).Trend:Increase 1.27% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 43.99 (%).Trend:Increase 1.9% than previous quarter

Overall: increasing (3.19%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.18 (USD).Trend:Increase 23.86% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.55 (USD).Trend:Decrease 74.77% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.97 (USD).Trend:Increase 76.36% than previous quarter

Overall: decreasing (-55.5%). Fluctuation: **Significant** (high variation).



The financial analysis from Q3 2022 to Q2 2023 indicates mixed results.  Liabilities and current assets on revenue both display a slightly negative trend.  Profitability, measured by the ratio of retained earnings to revenue, is positive and stable.  SG&A expenses exhibit large swings between increases and decreases.  Investment efficiency consistently demonstrates positive growth. Earnings per share show significant fluctuations, declining sharply in the first quarter of 2023 before rebounding in Q2.