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 5426200000.0 (%).Trend:Increase 3.55% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 5207700000.0 (%).Trend:Decrease 4.03% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 4991800000.0 (%).Trend:Decrease 4.15% than previous quarter

Overall: decreasing (-8.01%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 19314100000.0 (%).Trend:Increase 6.99% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 20435300000.0 (%).Trend:Increase 5.81% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 19432400000.0 (%).Trend:Decrease 4.91% than previous quarter

Overall: increasing (0.61%). 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 -10079500000.0 (%).Trend:Decrease 0.82% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -9396000000.0 (%).Trend:Decrease 6.78% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -9893200000.0 (%).Trend:Increase 5.29% than previous quarter

Overall: increasing (-1.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1564500000.0 (%).Trend:Decrease 52.03% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3041100000.0 (%).Trend:Increase 94.38% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4602200000.0 (%).Trend:Increase 51.33% than previous quarter

Overall: increasing (194.16%). 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 -36.09 (%).Trend:Decrease 5.55% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -32.37 (%).Trend:Decrease 10.31% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -35.03 (%).Trend:Increase 8.22% than previous quarter

Overall: increasing (-2.94%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.01 (USD).Trend:Decrease 110.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.19 (USD).Trend:Increase 1800.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.06 (USD).Trend:Decrease 68.42% than previous quarter

Overall: increasing (500.0%). Fluctuation: **Significant** (high variation).



Q1-Q3 2023 analysis reveals a decrease in liabilities on revenue (-8.01%) and a slight increase in current assets on revenue (0.61%), both with little fluctuation. Cost efficiency metrics show significant fluctuations: retained earnings to revenue increased (-1.85%), and SG&A expense ratio increased dramatically (194.16%). Investment efficiency also shows significant variation in retained earnings on assets (-2.94%) and earnings per share (500%).