Working Capital Efficiency
The data from Quater 1 in 2022 to Quater 1 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 1: Liabilities on Revenue 109302800000.0 (%).Trend:Decrease 1.49% than previous quarter
Year 2022 Quarter 2: Liabilities on Revenue 101667600000.0 (%).Trend:Decrease 6.99% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 101713600000.0 (%).Trend:Increase 0.05% than previous quarter

Overall: decreasing (-6.94%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 104930000000.0 (%).Trend:Decrease 14.02% than previous quarter
Year 2022 Quarter 2: Current assets on Revenue 98253200000.0 (%).Trend:Decrease 6.36% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 96883900000.0 (%).Trend:Decrease 1.39% than previous quarter

Overall: decreasing (-7.67%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 1 in 2022 to Quater 1 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -646321700000.0 (%).Trend:Increase 0.4% than previous quarter
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue -652888100000.0 (%).Trend:Increase 1.02% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -650486500000.0 (%).Trend:Decrease 0.37% than previous quarter

Overall: decreasing (0.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10895700000.0 (%).Trend:Decrease 66.84% than previous quarter
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22725100000.0 (%).Trend:Increase 108.57% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11819600000.0 (%).Trend:Decrease 47.99% than previous quarter

Overall: increasing (8.48%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 1 in 2022 to Quater 1 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 1: Retained Earning on Assets -124.75 (%).Trend:Increase 3.98% than previous quarter
Year 2022 Quarter 2: Retained Earning on Assets -129.18 (%).Trend:Increase 3.55% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -131.44 (%).Trend:Increase 1.75% than previous quarter

Overall: decreasing (5.36%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.19 (USD).Trend:Decrease 82.08% than previous quarter
Year 2022 Quarter 2: Earning Per Share -0.33 (USD).Trend:Increase 73.68% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.07 (USD).Trend:Decrease 78.79% than previous quarter

Overall: increasing (-63.16%). Fluctuation: **Significant** (high variation).



Financial analysis from Q1 2022 to Q1 2023 indicates a slight decrease in liabilities on revenue (-6.94%) and a notable decrease in current assets on revenue (-7.67%). Cost efficiency reveals a minor decrease in the retained earnings-to-revenue ratio (0.64%),  a fluctuating SG&A expense ratio that is generally increasing (8.48%), significant fluctuation in investment efficiency (5.36%). Earnings per share show an increasing trend but with large fluctuations (-63.16%).