Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 339370000000.0 (%).Trend:Increase 7.62% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 246660000000.0 (%).Trend:Decrease 27.32% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 232060000000.0 (%).Trend:Decrease 5.92% than previous quarter

Overall: decreasing (-31.62%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 249730000000.0 (%).Trend:Increase 15.4% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 163880000000.0 (%).Trend:Decrease 34.38% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 172880000000.0 (%).Trend:Increase 5.49% than previous quarter

Overall: decreasing (-30.77%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -94480000000.0 (%).Trend:Decrease 16.97% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -12980000000.0 (%).Trend:Decrease 86.26% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 19950000000.0 (%).Trend:Decrease 253.7% than previous quarter

Overall: increasing (-121.12%). Fluctuation: **Significant** (high variation).

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

Invest Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets -4.87 (%).Trend:Decrease 34.37% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -0.68 (%).Trend:Decrease 86.04% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.03 (%).Trend:Decrease 251.47% than previous quarter

Overall: increasing (-121.15%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.54 (USD).Trend:Increase 50.3% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 98.82% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.47 (USD).Trend:Increase 4800.0% than previous quarter

Overall: decreasing (-42.13%). Fluctuation: **Significant** (high variation).



The financial analysis from Q3 2022 to Q2 2023 shows decreasing liabilities and current assets on revenue with moderate variation.  Significant decreases and high volatility are observed in the retained earnings-to-revenue ratio, investment efficiency, and earnings per share.  These metrics indicate a potentially weakening financial position with substantial uncertainty in several key areas.