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 206800000000.0 (%).Trend:Decrease 17.25% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 338000000000.0 (%).Trend:Increase 63.44% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 227300000000.0 (%).Trend:Decrease 32.75% than previous quarter

Overall: increasing (9.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 350900000000.0 (%).Trend:Decrease 15.53% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 345600000000.0 (%).Trend:Decrease 1.51% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 276000000000.0 (%).Trend:Decrease 20.14% than previous quarter

Overall: decreasing (-21.35%). Fluctuation: **Neutral** (moderate 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 467400000000.0 (%).Trend:Decrease 1.74% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 380800000000.0 (%).Trend:Decrease 18.53% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 384200000000.0 (%).Trend:Increase 0.89% than previous quarter

Overall: decreasing (-17.8%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 153200000000.0 (%).Trend:Increase 43.58% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 52900000000.0 (%).Trend:Decrease 65.47% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 111600000000.0 (%).Trend:Increase 110.96% than previous quarter

Overall: decreasing (-27.15%). 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 27.32 (%).Trend:Increase 2.09% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 22.23 (%).Trend:Decrease 18.63% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 23.39 (%).Trend:Increase 5.22% than previous quarter

Overall: decreasing (-14.39%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.95 (USD).Trend:Decrease 0.75% than previous quarter
Year 2023 Quarter 1: Earning Per Share -4.0 (USD).Trend:Decrease 201.27% than previous quarter
Year 2023 Quarter 2: Earning Per Share -4.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-201.27%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 display a mixed financial health. Liabilities on revenue are increasing, but current assets are decreasing. The SG&A expense ratio has a large decrease, and cost efficiency ratios also show a negative trend.  Investment efficiency and earnings per share are decreasing, with significant variation across quarters. Further analysis is recommended to understand the fluctuations and identify potential issues.