Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 1 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 358800000000.0 (%).Trend:Increase 14.09% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 317500000000.0 (%).Trend:Decrease 11.51% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 275700000000.0 (%).Trend:Decrease 13.17% than previous quarter

Overall: decreasing (-23.16%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 239600000000.0 (%).Trend:Increase 17.97% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 251800000000.0 (%).Trend:Increase 5.09% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 206200000000.0 (%).Trend:Decrease 18.11% than previous quarter

Overall: decreasing (-13.94%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 1 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 333600000000.0 (%).Trend:Increase 1.65% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 363600000000.0 (%).Trend:Increase 8.99% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 374500000000.0 (%).Trend:Increase 3.0% than previous quarter

Overall: increasing (12.26%). Fluctuation: **Little** (low variation).

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

Invest Efficiency
The data from Quater 2 in 2022 to Quater 1 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 8.99 (%).Trend:Decrease 0.88% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 9.66 (%).Trend:Increase 7.45% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 9.84 (%).Trend:Increase 1.86% than previous quarter

Overall: increasing (9.45%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 1.78 (USD).Trend:Increase 81.63% than previous quarter
Year 2022 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 68.54% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 66.67% than previous quarter

Overall: decreasing (-43.82%). Fluctuation: **Significant** (high variation).



Financial analysis for Q2 2022 to Q1 2023 shows mixed results. Liabilities-to-revenue ratios are decreasing. Current assets-to-revenue ratios are also declining overall. Cost efficiency (retained earnings-to-revenue) is increasing. Investment efficiency (retained earnings on assets) shows a small overall increase. Earnings per share exhibit substantial fluctuations, with a decrease in Q1 2023 after positive growth the preceding quarters.