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 10815100000.0 (%).Trend:Decrease 7.33% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 10006200000.0 (%).Trend:Decrease 7.48% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 14128300000.0 (%).Trend:Increase 41.2% than previous quarter

Overall: increasing (30.63%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 21413300000.0 (%).Trend:Increase 3.63% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 20250800000.0 (%).Trend:Decrease 5.43% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 24001700000.0 (%).Trend:Increase 18.52% than previous quarter

Overall: increasing (12.09%). 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 12957500000.0 (%).Trend:Increase 14.15% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 13194300000.0 (%).Trend:Increase 1.83% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 12572500000.0 (%).Trend:Decrease 4.71% than previous quarter

Overall: decreasing (-2.97%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6799400000.0 (%).Trend:Decrease 67.89% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13973300000.0 (%).Trend:Increase 105.51% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22404400000.0 (%).Trend:Increase 60.34% than previous quarter

Overall: increasing (229.51%). 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 25.77 (%).Trend:Increase 15.41% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 26.75 (%).Trend:Increase 3.8% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 22.96 (%).Trend:Decrease 14.17% than previous quarter

Overall: decreasing (-10.9%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.04 (USD).Trend:Decrease 110.53% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.03 (USD).Trend:Decrease 175.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.16 (USD).Trend:Decrease 633.33% than previous quarter

Overall: decreasing (300.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2023 show a company navigating a period of fluctuation.  Liabilities on revenue increased in Q3 after two consecutive quarters of decline.  Current assets also saw a similar pattern, with a rise in Q3 after decreases in previous quarters. The retained earnings-to-revenue ratio decreased marginally.  SG&A expenses increased substantially throughout the quarter after a notable reduction in Q1.  Investment efficiency declined slightly, and earnings per share continued a steep negative trend, with a further decrease in Q3. Overall, the data suggests a company facing significant challenges and marked volatility.