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 64200000000.0 (%).Trend:Decrease 0.59% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 65280000000.0 (%).Trend:Increase 1.68% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 64100000000.0 (%).Trend:Decrease 1.81% than previous quarter

Overall: decreasing (-0.16%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 87840000000.0 (%).Trend:Decrease 7.93% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 97770000000.0 (%).Trend:Increase 11.3% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 95050000000.0 (%).Trend:Decrease 2.78% than previous quarter

Overall: increasing (8.21%). 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 -152350000000.0 (%).Trend:Increase 2.7% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -169040000000.0 (%).Trend:Increase 10.96% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -173040000000.0 (%).Trend:Increase 2.37% than previous quarter

Overall: decreasing (13.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32030000000.0 (%).Trend:Increase 49.67% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10290000000.0 (%).Trend:Decrease 67.87% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21320000000.0 (%).Trend:Increase 107.19% than previous quarter

Overall: decreasing (-33.44%). 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 -74.02 (%).Trend:Increase 7.51% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -81.8 (%).Trend:Increase 10.51% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -85.13 (%).Trend:Increase 4.07% than previous quarter

Overall: decreasing (15.01%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.69 (USD).Trend:Increase 53.64% than previous quarter
Year 2023 Quarter 1: Earning Per Share -2.58 (USD).Trend:Increase 52.66% than previous quarter
Year 2023 Quarter 2: Earning Per Share -3.16 (USD).Trend:Increase 22.48% than previous quarter

Overall: decreasing (86.98%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2022 to Q2 2023, liabilities on revenue decreased slightly (-0.16%), while current assets increased (8.21%). Cost efficiency metrics show significant fluctuation: the ratio of retained earnings to revenue decreased (13.58%), and the SG&A expense ratio decreased (-33.44%). Investment efficiency shows a significant decrease in retained earnings on assets (15.01%) and earnings per share (-86.98%), both with significant fluctuation.