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 868300000000.0 (%).Trend:Decrease 3.74% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 863500000000.0 (%).Trend:Decrease 0.55% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 940500000000.0 (%).Trend:Increase 8.92% than previous quarter

Overall: increasing (8.32%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 919600000000.0 (%).Trend:Decrease 1.84% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 1066400000000.0 (%).Trend:Increase 15.96% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 1067900000000.0 (%).Trend:Increase 0.14% than previous quarter

Overall: increasing (16.13%). 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 -3292400000000.0 (%).Trend:Decrease 1.32% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -3253000000000.0 (%).Trend:Decrease 1.2% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -3230900000000.0 (%).Trend:Decrease 0.68% than previous quarter

Overall: increasing (-1.87%). 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 -101.46 (%).Trend:Decrease 5.39% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -95.49 (%).Trend:Decrease 5.88% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -89.87 (%).Trend:Decrease 5.89% than previous quarter

Overall: increasing (-11.42%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.08 (USD).Trend:Decrease 98.39% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.12 (USD).Trend:Decrease 250.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.23 (USD).Trend:Increase 91.67% than previous quarter

Overall: increasing (-387.5%). Fluctuation: **Significant** (high variation).



Financial statement analysis for Q1 to Q3 2023 reveals mixed signals.  Liabilities on revenue trend upwards (8.32%), while current assets are also increasing (16.13%). The ratio of retained earnings to revenue slightly increases (-1.87%).  Investment efficiency shows a significant decrease in retained earnings on assets (-11.42%). Earnings per share demonstrate a significant overall increase with substantial fluctuation (-387.5%).  Further analysis is required to draw definitive conclusions.