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 365600000.0 (%).Trend:Decrease 0.41% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 676700000.0 (%).Trend:Increase 85.09% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 407200000.0 (%).Trend:Decrease 39.83% than previous quarter

Overall: increasing (11.38%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 3035800000.0 (%).Trend:Increase 8.87% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 2007600000.0 (%).Trend:Decrease 33.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 1895500000.0 (%).Trend:Decrease 5.58% than previous quarter

Overall: decreasing (-37.56%). Fluctuation: **Neutral** (moderate 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 -12395700000.0 (%).Trend:Decrease 0.86% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -12497900000.0 (%).Trend:Increase 0.82% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -12135900000.0 (%).Trend:Decrease 2.9% than previous quarter

Overall: increasing (-2.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 410800000.0 (%).Trend:Increase 42.24% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 148800000.0 (%).Trend:Decrease 63.78% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 282000000.0 (%).Trend:Increase 89.52% than previous quarter

Overall: decreasing (-31.35%). 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 -118.65 (%).Trend:Decrease 2.59% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -115.58 (%).Trend:Decrease 2.59% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -110.55 (%).Trend:Decrease 4.35% than previous quarter

Overall: increasing (-6.83%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.07 (USD).Trend:Increase 40.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.02 (USD).Trend:Decrease 71.43% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.06 (USD).Trend:Increase 200.0% than previous quarter

Overall: decreasing (-14.29%). Fluctuation: **Significant** (high variation).



Financial statement analysis reveals significant fluctuations in key metrics from Q3 2022 to Q2 2023. Liabilities on revenue exhibit a strong increase (11.38%) initially, then a decrease, indicating instability. Current assets on revenue are declining (-37.56%), a potentially concerning trend. Cost efficiency shows a general decrease in SG&A expense ratio (-31.35%), but with significant quarter-to-quarter variation. The ratio of retained earnings to revenue is increasing (-2.1%), but again with substantial volatility.  Investment efficiency, as measured by retained earnings on assets, is trending upwards (-6.83%), while EPS is decreasing (-14.29%) and shows similar fluctuations.