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 446112200.0 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 453717200.0 (%).Trend:Increase 1.7% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 579085700.0 (%).Trend:Increase 27.63% than previous quarter

Overall: increasing (29.81%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 5083451300.0 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 4231737600.0 (%).Trend:Decrease 16.75% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 4111415000.0 (%).Trend:Decrease 2.84% than previous quarter

Overall: decreasing (-19.12%). Fluctuation: **Neutral** (moderate 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 -12169772700.0 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -13328211200.0 (%).Trend:Increase 9.52% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -15228746900.0 (%).Trend:Increase 14.26% than previous quarter

Overall: decreasing (25.14%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -101.15 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -119.32 (%).Trend:Increase 17.96% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -137.94 (%).Trend:Increase 15.61% than previous quarter

Overall: decreasing (36.37%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis from Q3 2022 to Q3 2023 shows liabilities on revenue increasing by 29.81%, while current assets on revenue decreased by 19.12%.  The ratio of retained earnings to revenue and retained earnings on assets show significant decreasing trends (25.14% and 36.37%, respectively).  Significant fluctuations in these key metrics warrant further investigation to determine underlying causes and their impact on financial performance.