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 12947300000.0 (%).Trend:Increase 23.4% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 12858300000.0 (%).Trend:Decrease 0.69% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 9735100000.0 (%).Trend:Decrease 24.29% than previous quarter

Overall: decreasing (-24.81%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 20238100000.0 (%).Trend:Decrease 32.31% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 12761100000.0 (%).Trend:Decrease 36.95% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 9782600000.0 (%).Trend:Decrease 23.34% than previous quarter

Overall: decreasing (-51.66%). Fluctuation: **Significant** (high 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 -65577000000.0 (%).Trend:Increase 12.18% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -68054600000.0 (%).Trend:Increase 3.78% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -68559100000.0 (%).Trend:Increase 0.74% than previous quarter

Overall: decreasing (4.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2534100000.0 (%).Trend:Decrease 54.19% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4978000000.0 (%).Trend:Increase 96.44% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7151200000.0 (%).Trend:Increase 43.66% than previous quarter

Overall: increasing (182.2%). 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 -248.82 (%).Trend:Increase 54.91% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -376.58 (%).Trend:Increase 51.35% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -455.39 (%).Trend:Increase 20.93% than previous quarter

Overall: decreasing (83.02%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q1 2023 to Q3 2023, liabilities on revenue decreased significantly (-24.81%) with moderate fluctuation.  Current assets on revenue also decreased significantly (-51.66%) with high variation.  Cost efficiency showed a slight decrease in retained earnings to revenue (-4.55%), while the SG&A expense ratio increased substantially (182.2%), both with significant fluctuation.  Investment efficiency, as measured by retained earnings on assets, decreased drastically (-83.02%) with high variation.