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 9145700000.0 (%).Trend:Decrease 10.06% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 11718400000.0 (%).Trend:Increase 28.13% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 11957100000.0 (%).Trend:Increase 2.04% than previous quarter

Overall: increasing (30.74%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 17859700000.0 (%).Trend:Decrease 4.8% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 20711000000.0 (%).Trend:Increase 15.96% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 20676300000.0 (%).Trend:Decrease 0.17% than previous quarter

Overall: increasing (15.77%). 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 -17970000000.0 (%).Trend:Increase 2.96% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -18037100000.0 (%).Trend:Increase 0.37% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -18288800000.0 (%).Trend:Increase 1.4% than previous quarter

Overall: decreasing (1.77%). 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 -72.79 (%).Trend:Increase 8.43% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -66.3 (%).Trend:Decrease 8.92% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -67.53 (%).Trend:Increase 1.86% than previous quarter

Overall: increasing (-7.23%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.02 (USD).Trend:Decrease 80.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.01 (USD).Trend:Decrease 50.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.04 (USD).Trend:Decrease 500.0% than previous quarter

Overall: decreasing (-300.0%). Fluctuation: **Significant** (high variation).



Financial statements for the first three quarters of 2023 show a mixed bag. Liabilities on revenue are up by 30.74%, while current assets on revenue also increased by 15.77%.  However, the ratio of retained earnings to revenue declined by 1.77%, showing significant fluctuation. Investment efficiency shows an increasing trend of -7.23%, also with considerable variation.  Earnings per share are down by 300% and display significant changes. Overall, the financial picture is dynamic and poses some uncertainties.