Financial Performance:
- Revenue: ÂĨ11.44 trillion (YoY: +0.09%, QoQ: -3.32%)
- Gross Profit: ÂĨ2.44 trillion (YoY: +2.89%, QoQ: +0.41%)
- Operating Income: ÂĨ1.16 trillion (YoY: -19.65%, QoQ: -11.67%)
- Net Income: ÂĨ573.77 billion (YoY: -55.11%, QoQ: -56.97%)
- EPS: ÂĨ42.94 (YoY: -54.57%, QoQ: -56.62%)
Liquidity Ratios:
- Current Ratio: 1.229
- Quick Ratio: 1.067
- Cash Ratio: 0.273
Profitability Ratios:
- Gross Profit Margin: 21.3%
- Operating Profit Margin: 10.1%
- Net Profit Margin: 5.0%
Return on Equity: 1.67% (down from 3.00% YoY)
The decline in operating income reflects decreased sales due to production issues in North America and Europe, influenced by higher labor costs and rising material prices. Management noted an investment of ÂĨ180 billion in human resources, indicating a strategic focus on enhancing operational capabilities to mitigate future risks.