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 12673034500.0 (%).Trend:Increase 28.57% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 60.29 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 58.17 (%).Trend:Decrease 3.52% than previous quarter

Overall: decreasing (-100.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 6522067400.0 (%).Trend:Increase 36.93% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 32.91 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 22.45 (%).Trend:Decrease 31.78% than previous quarter

Overall: decreasing (-100.0%). Fluctuation: **Significant** (high 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 -12880592200.0 (%).Trend:Decrease 36.83% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -31.54 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -23.11 (%).Trend:Decrease 26.73% than previous quarter

Overall: increasing (-100.0%). 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 -10.29 (%).Trend:Decrease 62.39% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -4.12 (%).Trend:Decrease 59.96% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -4.43 (%).Trend:Increase 7.52% than previous quarter

Overall: increasing (-56.95%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.16 (USD).Trend:Increase 146.81% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.33 (USD).Trend:Decrease 71.55% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.29 (USD).Trend:Decrease 12.12% than previous quarter

Overall: decreasing (-75.0%). Fluctuation: **Significant** (high variation).



Analysis of financial statements from Q3 2022 to Q3 2023 reveals substantial volatility. Liabilities and current assets on revenue display dramatic decreases, particularly in Q2 2023, then smaller decreases in Q3. The ratio of retained earnings to revenue shows a consistent decrease, significantly exacerbated in Q2 2023.  Retained earnings on assets exhibit fluctuations with a generally downward trend, though Q3 2023 sees a slight increase. Earnings per share also show significant volatility and a generally decreasing trend.