Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 17700000000.0 (%).Trend:Increase 35.53% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 14910000000.0 (%).Trend:Decrease 15.76% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 16780000000.0 (%).Trend:Increase 12.54% than previous quarter

Overall: decreasing (-5.2%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 42310000000.0 (%).Trend:Increase 17.69% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 45400000000.0 (%).Trend:Increase 7.3% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 45020000000.0 (%).Trend:Decrease 0.84% than previous quarter

Overall: increasing (6.41%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -38930000000.0 (%).Trend:Decrease 9.13% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -31140000000.0 (%).Trend:Decrease 20.01% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -23620000000.0 (%).Trend:Decrease 24.15% than previous quarter

Overall: increasing (-39.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13350000000.0 (%).Trend:Increase 55.78% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4170000000.0 (%).Trend:Decrease 68.76% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15110000000.0 (%).Trend:Increase 262.35% than previous quarter

Overall: increasing (13.18%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets -54.44 (%).Trend:Decrease 16.43% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -42.37 (%).Trend:Decrease 22.17% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -32.7 (%).Trend:Decrease 22.82% than previous quarter

Overall: increasing (-39.93%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.61 (USD).Trend:Increase 221.05% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.33 (USD).Trend:Decrease 45.9% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.89 (USD).Trend:Increase 169.7% than previous quarter

Overall: increasing (45.9%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2022 to Q3 2023 reveals volatile financial performance. Working capital shows moderate stability with a slight overall decrease in liabilities and a moderate increase in current assets.  Cost efficiency shows substantial growth, though fluctuating, in the ratio of retained earnings to revenue and the SG&A expense ratio. Investment efficiency exhibits a substantial and consistent decline in retained earnings on assets.  Earnings per share also shows significant variations, with fluctuating increases and decreases. These findings suggest significant volatility requiring detailed investigation to understand trends and potential risks.