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 101713600000.0 (%).Trend:Increase 0.05% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 96496000000.0 (%).Trend:Decrease 5.13% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 103322300000.0 (%).Trend:Increase 7.07% than previous quarter

Overall: increasing (1.58%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 96883900000.0 (%).Trend:Decrease 1.39% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 89177000000.0 (%).Trend:Decrease 7.95% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 87024700000.0 (%).Trend:Decrease 2.41% than previous quarter

Overall: decreasing (-10.18%). 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 -650486500000.0 (%).Trend:Decrease 0.37% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -654216200000.0 (%).Trend:Increase 0.57% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -680565200000.0 (%).Trend:Increase 4.03% than previous quarter

Overall: decreasing (4.62%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11819600000.0 (%).Trend:Decrease 47.99% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23137900000.0 (%).Trend:Increase 95.76% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26629200000.0 (%).Trend:Increase 15.09% than previous quarter

Overall: increasing (125.3%). 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 -131.44 (%).Trend:Increase 1.75% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -135.18 (%).Trend:Increase 2.85% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -146.39 (%).Trend:Increase 8.29% than previous quarter

Overall: decreasing (11.37%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.07 (USD).Trend:Decrease 78.79% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.15 (USD).Trend:Increase 114.29% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.7 (USD).Trend:Increase 366.67% than previous quarter

Overall: decreasing (900.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2023 to Q3 2023 shows mixed results. Liabilities on revenue are increasing, while current assets on revenue are decreasing, both with little fluctuation. Cost efficiency shows a decreasing trend in the ratio of retained earnings to revenue with significant fluctuations, but a considerable increase in the SG&A expense ratio, again with significant fluctuation. Investment efficiency displays a decreasing trend in retained earnings on assets with significant variation.  Earnings per share are decreasing with significant fluctuations.