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

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 7160600000.0 (%).Trend:Decrease 3.24% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 10291600000.0 (%).Trend:Increase 43.73% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 10028100000.0 (%).Trend:Decrease 2.56% than previous quarter

Overall: increasing (40.05%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 7233500000.0 (%).Trend:Decrease 1.76% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 7628700000.0 (%).Trend:Increase 5.46% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 9790100000.0 (%).Trend:Increase 28.33% than previous quarter

Overall: increasing (35.34%). Fluctuation: **Neutral** (moderate variation).


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

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -9324900000.0 (%).Trend:Decrease 13.45% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -7976200000.0 (%).Trend:Decrease 14.46% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -6383800000.0 (%).Trend:Decrease 19.96% than previous quarter

Overall: increasing (-31.54%). Fluctuation: **Significant** (high variation).

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

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

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets -11.31 (%).Trend:Decrease 14.06% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -9.04 (%).Trend:Decrease 20.07% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -6.98 (%).Trend:Decrease 22.79% than previous quarter

Overall: increasing (-38.28%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.36 (USD).Trend:Increase 227.27% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.11 (USD).Trend:Decrease 69.44% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.38 (USD).Trend:Increase 245.45% than previous quarter

Overall: increasing (5.56%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2022 to Q3 2023 reveal a mixed picture. Working capital efficiency demonstrates increasing trends with moderate fluctuations in both liabilities and current assets.  Cost efficiency, evident in the decreasing ratio of retained earnings to revenue and retained earnings on assets, shows significant fluctuations.  Earnings per share are volatile, experiencing substantial increases and decreases between quarters. The data indicate potential instability in cost and investment efficiency, while working capital efficiency remains relatively consistent. Further analysis is needed to determine the driving forces behind these fluctuations.