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 346000000000.0 (%).Trend:Decrease 3.35% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 340800000000.0 (%).Trend:Decrease 1.5% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 329400000000.0 (%).Trend:Decrease 3.35% than previous quarter

Overall: decreasing (-4.8%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 744400000000.0 (%).Trend:Decrease 10.58% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 716500000000.0 (%).Trend:Decrease 3.75% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 694100000000.0 (%).Trend:Decrease 3.13% than previous quarter

Overall: decreasing (-6.76%). Fluctuation: **Little** (low 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 127700000000.0 (%).Trend:Decrease 17.51% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 162400000000.0 (%).Trend:Increase 27.17% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 188800000000.0 (%).Trend:Increase 16.26% than previous quarter

Overall: increasing (47.85%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12700000000.0 (%).Trend:Decrease 64.02% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27600000000.0 (%).Trend:Increase 117.32% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 42000000000.0 (%).Trend:Increase 52.17% than previous quarter

Overall: increasing (230.71%). Fluctuation: **Significant** (high variation).


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 6.85 (%).Trend:Decrease 12.85% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 8.87 (%).Trend:Increase 29.49% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 10.45 (%).Trend:Increase 17.81% than previous quarter

Overall: increasing (52.55%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.11 (USD).Trend:Decrease 103.69% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.56 (USD).Trend:Decrease 609.09% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.08 (USD).Trend:Increase 92.86% than previous quarter

Overall: increasing (-1081.82%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2023 to Q3 2023 shows a downward trend in working capital efficiency, with liabilities and current assets on revenue both decreasing.  Cost efficiency indicates an increase in the ratio of retained earnings to revenue, but a substantial increase in SG&A expense ratio suggests potential operational inefficiencies.  Investment efficiency shows an increase in retained earnings on assets, while earnings per share demonstrate a volatile pattern.  Significant fluctuations across several metrics highlight areas needing closer examination.