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 29600500000.0 (%).Trend:Increase 14.62% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 25052800000.0 (%).Trend:Decrease 15.36% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 25972300000.0 (%).Trend:Increase 3.67% than previous quarter

Overall: decreasing (-12.26%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 62327400000.0 (%).Trend:Increase 10.23% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 53651000000.0 (%).Trend:Decrease 13.92% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 52319400000.0 (%).Trend:Decrease 2.48% than previous quarter

Overall: decreasing (-16.06%). Fluctuation: **Little** (low 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 -19918600000.0 (%).Trend:Decrease 8.11% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -22598200000.0 (%).Trend:Increase 13.45% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -24319400000.0 (%).Trend:Increase 7.62% than previous quarter

Overall: decreasing (22.09%). 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 -18.2 (%).Trend:Decrease 12.33% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -22.1 (%).Trend:Increase 21.43% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -24.1 (%).Trend:Increase 9.05% than previous quarter

Overall: decreasing (32.42%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.16 (USD).Trend:Increase 220.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.19 (USD).Trend:Decrease 218.75% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.3 (USD).Trend:Increase 57.89% than previous quarter

Overall: decreasing (-287.5%). Fluctuation: **Significant** (high variation).



Financial analysis of Q3 2022 to Q2 2023 shows a concerning trend. Liabilities on revenue decreased by 12.26%, but current assets on revenue decreased more significantly by 16.06%. Retained earnings on revenue exhibit a substantial negative trend (22.09%), and high fluctuation. Investment efficiency displays a decrease of 32.42% with significant variation. Earnings per share decreased substantially (-287.5%) with considerable volatility. The data indicates continued financial challenges.