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 134270500000.0 (%).Trend:Increase 61.8% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 128793600000.0 (%).Trend:Decrease 4.08% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 98636100000.0 (%).Trend:Decrease 23.42% than previous quarter

Overall: decreasing (-26.54%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 162166700000.0 (%).Trend:Decrease 12.12% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 176013100000.0 (%).Trend:Increase 8.54% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 148242800000.0 (%).Trend:Decrease 15.78% than previous quarter

Overall: decreasing (-8.59%). 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 70592300000.0 (%).Trend:Decrease 34.73% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 83757300000.0 (%).Trend:Increase 18.65% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 108097200000.0 (%).Trend:Increase 29.06% than previous quarter

Overall: increasing (53.13%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 11.24 (%).Trend:Decrease 33.53% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 12.76 (%).Trend:Increase 13.52% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 17.44 (%).Trend:Increase 36.68% than previous quarter

Overall: increasing (55.16%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -3.4 (USD).Trend:Decrease 130.17% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.78 (USD).Trend:Decrease 152.35% than previous quarter
Year 2023 Quarter 3: Earning Per Share 9.9 (USD).Trend:Increase 456.18% than previous quarter

Overall: increasing (-391.18%). Fluctuation: **Significant** (high variation).



Key findings indicate a declining trend in liabilities and current assets relative to revenue, although the latter shows less fluctuation.  Conversely, retained earnings show a strong upward trend both relative to revenue and assets, suggesting improved profitability. Earnings per share experienced significant volatility, despite an overall increase.  Further investigation is warranted to understand the drivers of this volatility.