Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 2680900000000.0 (%).Trend:Decrease 7.25% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 2505300000000.0 (%).Trend:Decrease 6.55% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 2403400000000.0 (%).Trend:Decrease 4.07% than previous quarter

Overall: decreasing (-10.35%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 2299600000000.0 (%).Trend:Decrease 2.21% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 1730500000000.0 (%).Trend:Decrease 24.75% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 1702300000000.0 (%).Trend:Decrease 1.63% than previous quarter

Overall: decreasing (-25.97%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -369500000000.0 (%).Trend:Increase 10.76% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -454000000000.0 (%).Trend:Increase 22.87% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -347000000000.0 (%).Trend:Decrease 23.57% than previous quarter

Overall: increasing (-6.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 407500000000.0 (%).Trend:Increase 38.98% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 133100000000.0 (%).Trend:Decrease 67.34% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 272900000000.0 (%).Trend:Increase 105.03% than previous quarter

Overall: decreasing (-33.03%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets -9.41 (%).Trend:Increase 12.56% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -12.56 (%).Trend:Increase 33.48% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -9.54 (%).Trend:Decrease 24.04% than previous quarter

Overall: decreasing (1.38%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.05 (USD).Trend:Increase 55.61% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.49 (USD).Trend:Decrease 83.93% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.57 (USD).Trend:Increase 220.41% than previous quarter

Overall: decreasing (-48.52%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show a decrease in working capital efficiency, with liabilities on revenue decreasing by 10.35% and current assets on revenue decreasing by 25.97%. Cost efficiency displays a decline in SG&A expense ratio by 33.03% but substantial variations in retained earnings-to-revenue ratios. Investment efficiency shows a decrease in retained earnings on assets, while earnings per share decreased by 48.52%. Overall, the analysis suggests potential issues with revenue and operational costs.