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 880200000.0 (%).Trend:Increase 2.29% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 810400000.0 (%).Trend:Decrease 7.93% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 1165000000.0 (%).Trend:Increase 43.76% than previous quarter

Overall: increasing (32.36%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 8475900000.0 (%).Trend:Increase 65.54% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 7545400000.0 (%).Trend:Decrease 10.98% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 6653100000.0 (%).Trend:Decrease 11.83% than previous quarter

Overall: decreasing (-21.51%). Fluctuation: **Neutral** (moderate 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 -22096800000.0 (%).Trend:Increase 2.6% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -22825200000.0 (%).Trend:Increase 3.3% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -24543900000.0 (%).Trend:Increase 7.53% than previous quarter

Overall: decreasing (11.07%). Fluctuation: **Significant** (high 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 -148.24 (%).Trend:Decrease 20.61% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -163.49 (%).Trend:Increase 10.29% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -187.25 (%).Trend:Increase 14.53% than previous quarter

Overall: decreasing (26.32%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis of Q1 2023 to Q3 2023 demonstrates mixed performance. Liabilities on revenue show an increasing trend with moderate variation. Current assets on revenue, however, decrease overall, with moderate variation. Cost efficiency shows a consistent decrease in the ratio of retained earnings to revenue with significant variation. Investment efficiency reveals a decreasing trend in retained earnings on assets with significant variation.