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 556200000000.0 (%).Trend:Increase 53.99% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 757300000000.0 (%).Trend:Increase 36.16% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 685500000000.0 (%).Trend:Decrease 9.48% than previous quarter

Overall: increasing (23.25%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 2957500000000.0 (%).Trend:Increase 14.61% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 2741800000000.0 (%).Trend:Decrease 7.29% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 2322300000000.0 (%).Trend:Decrease 15.3% than previous quarter

Overall: decreasing (-21.48%). Fluctuation: **Neutral** (moderate 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 1575800000000.0 (%).Trend:Decrease 37.86% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 1297100000000.0 (%).Trend:Decrease 17.69% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 990500000000.0 (%).Trend:Decrease 23.64% than previous quarter

Overall: decreasing (-37.14%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 59200000000.0 (%).Trend:Decrease 63.07% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 118300000000.0 (%).Trend:Increase 99.83% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 181500000000.0 (%).Trend:Increase 53.42% than previous quarter

Overall: increasing (206.59%). 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 34.85 (%).Trend:Decrease 44.16% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 29.83 (%).Trend:Decrease 14.4% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 24.46 (%).Trend:Decrease 18.0% than previous quarter

Overall: decreasing (-29.81%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.65 (USD).Trend:Decrease 76.01% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.91 (USD).Trend:Increase 40.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.18 (USD).Trend:Increase 29.67% than previous quarter

Overall: increasing (81.54%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2023 to Q3 2023 indicates a period of instability. Liabilities on revenue are increasing (23.25%) with moderate fluctuation.  Current assets on revenue are declining (-21.48%), signaling possible liquidity issues. Cost efficiency metrics, such as the ratio of retained earnings to revenue, are declining substantially (-37.14%).  SG&A expense ratios are increasing significantly (206.59%), likely related to cost management. Investment efficiency and earnings per share also show a downward trend with substantial variability.  The report reveals overall financial challenges and potential areas needing immediate attention.