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 7879300000.0 (%).Trend:Decrease 2.55% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 6594000000.0 (%).Trend:Decrease 16.31% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 7177500000.0 (%).Trend:Increase 8.85% than previous quarter

Overall: decreasing (-8.91%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 14321100000.0 (%).Trend:Decrease 9.94% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 14621500000.0 (%).Trend:Increase 2.1% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 15670900000.0 (%).Trend:Increase 7.18% than previous quarter

Overall: increasing (9.43%). 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 -2503800000.0 (%).Trend:Increase 53.67% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -8100300000.0 (%).Trend:Increase 223.52% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -8238300000.0 (%).Trend:Increase 1.7% than previous quarter

Overall: decreasing (229.03%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5124100000.0 (%).Trend:Increase 49.07% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1740500000.0 (%).Trend:Decrease 66.03% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3415800000.0 (%).Trend:Increase 96.25% than previous quarter

Overall: decreasing (-33.34%). Fluctuation: **Significant** (high variation).


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 -4.9 (%).Trend:Increase 60.66% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -17.02 (%).Trend:Increase 247.35% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -16.84 (%).Trend:Decrease 1.06% than previous quarter

Overall: decreasing (243.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.59 (USD).Trend:Increase 20.41% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 89.83% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.07 (USD).Trend:Increase 16.67% than previous quarter

Overall: increasing (-88.14%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2022 to Q2 2023 data shows a decrease in liabilities on revenue (-8.91%) and an increase in current assets (9.43%). Cost efficiency is severely impacted by a substantial decrease in the ratio of retained earnings to revenue (-229.03%) and a decrease in SG&A expenses (-33.34%), both highly volatile. Investment efficiency reveals a significant decrease in retained earnings on assets (-243.67%) and a mixed, volatile trend in earnings per share.