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 2165900000.0 (%).Trend:Decrease 7.73% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 2866600000.0 (%).Trend:Increase 32.35% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 2696200000.0 (%).Trend:Decrease 5.94% than previous quarter

Overall: increasing (24.48%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 9944500000.0 (%).Trend:Decrease 1.03% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 8686100000.0 (%).Trend:Decrease 12.65% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 8296400000.0 (%).Trend:Decrease 4.49% than previous quarter

Overall: decreasing (-16.57%). 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 -2720700000.0 (%).Trend:Decrease 5.02% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -2400300000.0 (%).Trend:Decrease 11.78% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -2503000000.0 (%).Trend:Increase 4.28% than previous quarter

Overall: increasing (-8.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 919000000.0 (%).Trend:Decrease 56.25% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2062400000.0 (%).Trend:Increase 124.42% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3092400000.0 (%).Trend:Increase 49.94% than previous quarter

Overall: increasing (236.5%). Fluctuation: **Significant** (high variation).


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 -21.0 (%).Trend:Decrease 4.2% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -15.9 (%).Trend:Decrease 24.29% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -17.1 (%).Trend:Increase 7.55% than previous quarter

Overall: increasing (-18.57%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.2 (USD).Trend:Decrease 121.28% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.03 (USD).Trend:Decrease 115.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.04 (USD).Trend:Decrease 233.33% than previous quarter

Overall: increasing (-80.0%). Fluctuation: **Significant** (high variation).



Q1 2023 to Q3 2023 data reveals a 24.48% increase in liabilities on revenue (neutral fluctuation) and a 16.57% decrease in current assets on revenue (low fluctuation).  Cost efficiency is highly variable: retained earnings to revenue improved (-8.0%), yet SG&A expenses drastically increased (236.5%).  Investment efficiency shows significant fluctuation: retained earnings on assets increased (-18.57%), while earnings per share increased (-80%).