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 181846600000.0 (%).Trend:Decrease 3.14% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 232285400000.0 (%).Trend:Increase 27.74% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 159763300000.0 (%).Trend:Decrease 31.22% than previous quarter

Overall: decreasing (-12.14%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 136506100000.0 (%).Trend:Decrease 32.85% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 194086100000.0 (%).Trend:Increase 42.18% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 148505500000.0 (%).Trend:Decrease 23.48% than previous quarter

Overall: increasing (8.79%). 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 112944100000.0 (%).Trend:Decrease 1.25% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 113064400000.0 (%).Trend:Increase 0.11% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 113534700000.0 (%).Trend:Increase 0.42% than previous quarter

Overall: increasing (0.52%). Fluctuation: **Little** (low 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 25.39 (%).Trend:Increase 5.22% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 22.94 (%).Trend:Decrease 9.65% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 25.6 (%).Trend:Increase 11.6% than previous quarter

Overall: increasing (0.83%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 114.29% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.02 (USD).Trend:Decrease 66.67% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.03 (USD).Trend:Decrease 250.0% than previous quarter

Overall: increasing (-150.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 show a mixed picture. Liabilities on revenue trended downward (-12.14%), while current assets on revenue showed a net increase (8.79%). Cost efficiency, represented by the retained earnings-to-revenue ratio, shows a modest increase (0.52%). Investment efficiency also rose slightly (0.83%).  Earnings per share continued a significant downward trend (-150%).