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 1392360600.0 (%).Trend:Decrease 18.36% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 2422909400.0 (%).Trend:Increase 74.01% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 1138468100.0 (%).Trend:Decrease 53.01% than previous quarter

Overall: decreasing (-18.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 7744358600.0 (%).Trend:Decrease 41.84% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 4857184500.0 (%).Trend:Decrease 37.28% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 2242757700.0 (%).Trend:Decrease 53.83% than previous quarter

Overall: decreasing (-71.04%). Fluctuation: **Significant** (high 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 -19950804500.0 (%).Trend:Increase 6.72% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -20601679100.0 (%).Trend:Increase 3.26% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -21215490400.0 (%).Trend:Increase 2.98% than previous quarter

Overall: decreasing (6.34%). Fluctuation: **Significant** (high 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 -96.71 (%).Trend:Increase 15.2% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -98.0 (%).Trend:Increase 1.33% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -110.18 (%).Trend:Increase 12.43% than previous quarter

Overall: decreasing (13.93%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial data from Q1 to Q3 2023 reveals a declining trend across most metrics. Liabilities on revenue decreased by 18.23%, but with substantial quarterly fluctuations.  Current assets on revenue also decreased sharply (-71.04%), indicating a significant contraction in working capital. Cost efficiency, measured by the ratio of retained earnings to revenue, continued to decline (6.34%), again showing high variability. Investment efficiency, measured by retained earnings on assets, also decreased by 13.93% with notable fluctuations. The data suggests a concerning trend of declining financial performance in the analyzed period.