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 71845000000.0 (%).Trend:Increase 6.69% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 76412700000.0 (%).Trend:Increase 6.36% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 61359000000.0 (%).Trend:Decrease 19.7% than previous quarter

Overall: decreasing (-14.6%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 237248900000.0 (%).Trend:Decrease 3.0% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 252128400000.0 (%).Trend:Increase 6.27% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 225770000000.0 (%).Trend:Decrease 10.45% than previous quarter

Overall: decreasing (-4.84%). 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 35608000000.0 (%).Trend:Decrease 33.25% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 44794700000.0 (%).Trend:Increase 25.8% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 31599300000.0 (%).Trend:Decrease 29.46% than previous quarter

Overall: decreasing (-11.26%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10181500000.0 (%).Trend:Decrease 61.69% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19956700000.0 (%).Trend:Increase 96.01% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27583600000.0 (%).Trend:Increase 38.22% than previous quarter

Overall: increasing (170.92%). 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 4.86 (%).Trend:Decrease 30.57% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 6.07 (%).Trend:Increase 24.9% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 4.47 (%).Trend:Decrease 26.36% than previous quarter

Overall: decreasing (-8.02%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.65 (USD).Trend:Decrease 91.22% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.48 (USD).Trend:Increase 281.54% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.34 (USD).Trend:Decrease 5.65% than previous quarter

Overall: increasing (260.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 to Q3 2023 reveals a mixed picture. Liabilities on revenue are decreasing (-14.6%) with moderate fluctuation.  Current assets on revenue are also decreasing (-4.84%), exhibiting low fluctuation. The ratio of retained earnings to revenue is declining (-11.26%) with moderate fluctuation. SG&A expenses are increasing (170.92%) with significant variability.  Retained earnings on assets are decreasing (-8.02%) with moderate fluctuation. Earnings per share are increasing (260.0%), showcasing significant variation.