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 2077715300.0 (%).Trend:Increase 9.81% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 1070246600.0 (%).Trend:Decrease 48.49% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 842221800.0 (%).Trend:Decrease 21.31% than previous quarter

Overall: decreasing (-59.46%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 18710591300.0 (%).Trend:Decrease 13.27% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 12200363100.0 (%).Trend:Decrease 34.79% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 10910113800.0 (%).Trend:Decrease 10.58% than previous quarter

Overall: decreasing (-41.69%). 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 -42416657000.0 (%).Trend:Increase 10.25% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -51373546500.0 (%).Trend:Increase 21.12% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -53573752300.0 (%).Trend:Increase 4.28% than previous quarter

Overall: decreasing (26.3%). 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 -226.68 (%).Trend:Increase 27.13% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -420.96 (%).Trend:Increase 85.71% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -490.83 (%).Trend:Increase 16.6% than previous quarter

Overall: decreasing (116.53%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -4.0 (USD).Trend:Increase 46.52% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.0 (USD).Trend:Decrease 75.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (-50.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q3 2023 indicates significant instability. Liabilities on revenue decreased considerably, with high volatility.  Current assets on revenue also showed a significant and highly variable downward trend.  The ratio of retained earnings to revenue decreased consistently with significant fluctuation.  Invest efficiency, as measured by retained earnings on assets, displayed a substantial decline, and earnings per share also show substantial fluctuations.  Financial performance appears extremely volatile.