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 2759000000000.0 (%).Trend:Decrease 15.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 3223900000000.0 (%).Trend:Increase 16.85% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 3477300000000.0 (%).Trend:Increase 7.86% than previous quarter

Overall: increasing (26.03%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 2648800000000.0 (%).Trend:Decrease 12.77% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 2885200000000.0 (%).Trend:Increase 8.92% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 3322400000000.0 (%).Trend:Increase 15.15% than previous quarter

Overall: increasing (25.43%). 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 239300000000.0 (%).Trend:Decrease 51.69% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 178900000000.0 (%).Trend:Decrease 25.24% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 93300000000.0 (%).Trend:Decrease 47.85% than previous quarter

Overall: decreasing (-61.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 303900000000.0 (%).Trend:Decrease 74.34% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 630700000000.0 (%).Trend:Increase 107.54% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 967900000000.0 (%).Trend:Increase 53.46% than previous quarter

Overall: increasing (218.49%). 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 1.78 (%).Trend:Decrease 49.14% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.32 (%).Trend:Decrease 25.84% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 0.68 (%).Trend:Decrease 48.48% than previous quarter

Overall: decreasing (-61.8%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 97.53% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.27 (USD).Trend:Increase 876.92% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.27 (USD).Trend:Increase 78.74% than previous quarter

Overall: increasing (1646.15%). Fluctuation: **Significant** (high variation).



The analysis covers Q1-Q3 2023. Working capital efficiency shows increasing liabilities and current assets on revenue (moderate fluctuation). Cost efficiency reveals significantly decreasing retained earnings ratios and significantly increasing SG&A expenses. Investment efficiency shows significantly decreasing retained earnings on assets but significantly increasing earnings per share.