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 93300000000.0 (%).Trend:Increase 4.25% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 84200000000.0 (%).Trend:Decrease 9.75% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 79500000000.0 (%).Trend:Decrease 5.58% than previous quarter

Overall: decreasing (-14.79%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 164100000000.0 (%).Trend:Increase 2.76% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 155600000000.0 (%).Trend:Decrease 5.18% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 151700000000.0 (%).Trend:Decrease 2.51% than previous quarter

Overall: decreasing (-7.56%). 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 -220700000000.0 (%).Trend:Decrease 0.59% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -255100000000.0 (%).Trend:Increase 15.59% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -256100000000.0 (%).Trend:Increase 0.39% than previous quarter

Overall: decreasing (16.04%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33200000000.0 (%).Trend:Increase 54.42% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11100000000.0 (%).Trend:Decrease 66.57% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22900000000.0 (%).Trend:Increase 106.31% than previous quarter

Overall: decreasing (-31.02%). 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 -56.29 (%).Trend:Decrease 1.11% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -72.82 (%).Trend:Increase 29.37% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -74.17 (%).Trend:Increase 1.85% than previous quarter

Overall: decreasing (31.76%). Fluctuation: **Significant** (high variation).

Earning Per Share


The analysis covers Q3 2022 to Q2 2023, showing significant decreases in both liabilities on revenue (-14.79%) and current assets on revenue (-7.56%), both with little fluctuation. Cost efficiency metrics demonstrate significant variation. The ratio of retained earnings to revenue decreased (-16.04%), and the SG&A expense ratio decreased (-31.02%). Investment efficiency, measured by retained earnings on assets, decreased substantially (-31.76%).