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 8383700000.0 (%).Trend:Decrease 9.55% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 7210800000.0 (%).Trend:Decrease 13.99% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 7282200000.0 (%).Trend:Increase 0.99% than previous quarter

Overall: decreasing (-13.14%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 54185900000.0 (%).Trend:Decrease 13.18% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 48927100000.0 (%).Trend:Decrease 9.71% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 44553700000.0 (%).Trend:Decrease 8.94% than previous quarter

Overall: decreasing (-17.78%). 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 -87020000000.0 (%).Trend:Increase 11.95% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -92940000000.0 (%).Trend:Increase 6.8% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -98680000000.0 (%).Trend:Increase 6.18% than previous quarter

Overall: decreasing (13.4%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4232400000.0 (%).Trend:Decrease 73.35% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9628900000.0 (%).Trend:Increase 127.5% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14234700000.0 (%).Trend:Increase 47.83% than previous quarter

Overall: increasing (236.33%). 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 -95.63 (%).Trend:Increase 20.53% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -108.84 (%).Trend:Increase 13.81% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -121.78 (%).Trend:Increase 11.89% than previous quarter

Overall: decreasing (27.34%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.74 (USD).Trend:Decrease 76.51% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.78 (USD).Trend:Increase 140.54% than previous quarter
Year 2023 Quarter 3: Earning Per Share -2.79 (USD).Trend:Increase 56.74% than previous quarter

Overall: decreasing (277.03%). Fluctuation: **Significant** (high variation).



From Q1 2023 to Q3 2023, working capital efficiency showed modest improvement, with liabilities and current assets on revenue both decreasing. Cost efficiency was highly variable, with retained earnings to revenue decreasing while SG&A expenses increased dramatically.  Investment efficiency metrics, retained earnings on assets and earnings per share, also demonstrated significant negative trends.