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 55236600000.0 (%).Trend:Decrease 8.2% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 53415800000.0 (%).Trend:Decrease 3.3% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 57013500000.0 (%).Trend:Increase 6.74% than previous quarter

Overall: increasing (3.22%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 95092900000.0 (%).Trend:Increase 34.78% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 112893000000.0 (%).Trend:Increase 18.72% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 111827500000.0 (%).Trend:Decrease 0.94% than previous quarter

Overall: increasing (17.6%). 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 -766175900000.0 (%).Trend:Decrease 2.61% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -752441400000.0 (%).Trend:Decrease 1.79% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -736068700000.0 (%).Trend:Decrease 2.18% than previous quarter

Overall: increasing (-3.93%). Fluctuation: **Significant** (high variation).

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

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 -182.25 (%).Trend:Decrease 9.31% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -173.41 (%).Trend:Decrease 4.85% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -173.24 (%).Trend:Decrease 0.1% than previous quarter

Overall: increasing (-4.94%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.43 (USD).Trend:Decrease 56.12% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.93 (USD).Trend:Increase 116.28% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.52 (USD).Trend:Increase 63.44% than previous quarter

Overall: increasing (253.49%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1-Q3 2023 reveals an overall positive trend in liabilities and current assets on revenue. Liabilities are slightly increasing, while current assets are consistently increasing but with slight fluctuations.  Significant variations appear in cost efficiency (decreasing retained earnings), investment efficiency (decreasing retained earnings on assets), and earnings per share (increasing earnings).