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 686000000.0 (%).Trend:Increase 6.89% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 468300000.0 (%).Trend:Decrease 31.73% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 538800000.0 (%).Trend:Increase 15.05% than previous quarter

Overall: decreasing (-21.46%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 860200000.0 (%).Trend:Decrease 18.92% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 743400000.0 (%).Trend:Decrease 13.58% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 830800000.0 (%).Trend:Increase 11.76% than previous quarter

Overall: decreasing (-3.42%). Fluctuation: **Little** (low 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 -14671000000.0 (%).Trend:Increase 1.85% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -15035500000.0 (%).Trend:Increase 2.48% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -15152200000.0 (%).Trend:Increase 0.78% than previous quarter

Overall: decreasing (3.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 589300000.0 (%).Trend:Increase 44.05% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 106600000.0 (%).Trend:Decrease 81.91% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 219800000.0 (%).Trend:Increase 106.19% than previous quarter

Overall: decreasing (-62.7%). 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 -1426.72 (%).Trend:Increase 23.91% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -1745.68 (%).Trend:Increase 22.36% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -1611.59 (%).Trend:Decrease 7.68% than previous quarter

Overall: decreasing (12.96%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis from Q3 2022 to Q2 2023 reveals declining liabilities on revenue (-21.46%), but with manageable fluctuations. Current assets on revenue also show a general downward trend (-3.42%).  Cost efficiency exhibits a significant drop in SG&A expenses (-62.7%), along with a notable decrease in the retained earnings to revenue ratio (3.28%).  Invest efficiency also shows a considerable decrease (-12.96%) in retained earnings on assets, all with significant variation.