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 50360000000.0 (%).Trend:Decrease 14.72% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 50440000000.0 (%).Trend:Increase 0.16% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 53400000000.0 (%).Trend:Increase 5.87% than previous quarter

Overall: increasing (6.04%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 91420000000.0 (%).Trend:Decrease 12.37% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 89460000000.0 (%).Trend:Decrease 2.14% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 95410000000.0 (%).Trend:Increase 6.65% than previous quarter

Overall: increasing (4.36%). 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 -51590000000.0 (%).Trend:Increase 17.22% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -51570000000.0 (%).Trend:Decrease 0.04% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -49670000000.0 (%).Trend:Decrease 3.68% than previous quarter

Overall: increasing (-3.72%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28430000000.0 (%).Trend:Increase 49.32% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9500000000.0 (%).Trend:Decrease 66.58% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19300000000.0 (%).Trend:Increase 103.16% than previous quarter

Overall: decreasing (-32.11%). 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 -18.23 (%).Trend:Increase 28.02% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -18.47 (%).Trend:Increase 1.32% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -17.58 (%).Trend:Decrease 4.82% than previous quarter

Overall: increasing (-3.57%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis of Q3 2022 to Q2 2023 indicates a more stable trend in working capital efficiency. Liabilities on revenue show an overall increase but with little variation. Current assets on revenue also show an overall increase, though also with little variation. Cost efficiency metrics display significant fluctuations. The SG&A ratio decreased significantly in Q1 2023, then increased markedly in Q2 2023. Retained earnings on assets show a fluctuating, overall increasing trend.