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 54211900000.0 (%).Trend:Decrease 8.82% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 55545700000.0 (%).Trend:Increase 2.46% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 66985900000.0 (%).Trend:Increase 20.6% than previous quarter

Overall: increasing (23.56%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 71585300000.0 (%).Trend:Decrease 14.31% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 74894000000.0 (%).Trend:Increase 4.62% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 71457900000.0 (%).Trend:Decrease 4.59% than previous quarter

Overall: decreasing (-0.18%). 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 102588100000.0 (%).Trend:Increase 2.37% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 104061800000.0 (%).Trend:Increase 1.44% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 94528500000.0 (%).Trend:Decrease 9.16% than previous quarter

Overall: decreasing (-7.86%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 59194300000.0 (%).Trend:Decrease 58.91% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 106785900000.0 (%).Trend:Increase 80.4% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 167181300000.0 (%).Trend:Increase 56.56% than previous quarter

Overall: increasing (182.43%). 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 29.46 (%).Trend:Decrease 1.7% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 29.68 (%).Trend:Increase 0.75% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 27.52 (%).Trend:Decrease 7.28% than previous quarter

Overall: decreasing (-6.59%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.33 (USD).Trend:Decrease 61.18% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.63 (USD).Trend:Increase 90.91% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.41 (USD).Trend:Decrease 34.92% than previous quarter

Overall: increasing (24.24%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2023 to Q3 2023 indicate a complex financial picture. Liabilities on revenue are increasing, although the trend appears more moderate than in previous periods. Conversely, current assets on revenue are decreasing slightly, suggesting a potential constraint in operational liquidity. Cost efficiency, measured by the ratio of retained earnings to revenue, is decreasing, which could signal potential pressures on profitability. The selling, general, and administrative (SG&A) expense ratio is highly volatile, showing substantial increases and decreases in expense levels.  Investment efficiency, as reflected in retained earnings on assets, shows a downward trend. Earnings per share have a pattern of high fluctuation, although are overall increasing in the given period.