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 5305900000000.0 (%).Trend:Decrease 23.88% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 5478900000000.0 (%).Trend:Increase 3.26% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 5200700000000.0 (%).Trend:Decrease 5.08% than previous quarter

Overall: decreasing (-1.98%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 4137600000000.0 (%).Trend:Decrease 27.64% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 4226200000000.0 (%).Trend:Increase 2.14% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 3878700000000.0 (%).Trend:Decrease 8.22% than previous quarter

Overall: decreasing (-6.26%). 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 -736900000000.0 (%).Trend:Decrease 10.02% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -710600000000.0 (%).Trend:Decrease 3.57% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -710200000000.0 (%).Trend:Decrease 0.06% than previous quarter

Overall: increasing (-3.62%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 355300000000.0 (%).Trend:Decrease 76.93% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 709600000000.0 (%).Trend:Increase 99.72% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1036400000000.0 (%).Trend:Increase 46.05% than previous quarter

Overall: increasing (191.7%). 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 -8.34 (%).Trend:Increase 38.08% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -8.0 (%).Trend:Decrease 4.08% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -8.34 (%).Trend:Increase 4.25% than previous quarter

Overall: stable (-0.0%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance for Q1 to Q3 2023 indicates a concerning trend of declining working capital efficiency, with both liabilities and current assets decreasing. While the ratio of retained earnings to revenue shows an overall increase, significant fluctuations in the SG&A expense ratio and retained earnings on assets highlight considerable volatility.  Further investigation is vital to determine the drivers behind these shifts.