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 14942200000.0 (%).Trend:Decrease 29.22% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 16707700000.0 (%).Trend:Increase 11.82% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 18615600000.0 (%).Trend:Increase 11.42% than previous quarter

Overall: increasing (24.58%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 21884700000.0 (%).Trend:Decrease 24.82% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 23274900000.0 (%).Trend:Increase 6.35% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 26095800000.0 (%).Trend:Increase 12.12% than previous quarter

Overall: increasing (19.24%). Fluctuation: **Little** (low 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 -35967000000.0 (%).Trend:Increase 11.26% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -36703300000.0 (%).Trend:Increase 2.05% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -36815300000.0 (%).Trend:Increase 0.31% than previous quarter

Overall: decreasing (2.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -139.9 (%).Trend:Increase 43.34% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -136.43 (%).Trend:Decrease 2.48% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -123.69 (%).Trend:Decrease 9.34% than previous quarter

Overall: increasing (-11.59%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.16 (USD).Trend:Decrease 60.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.24 (USD).Trend:Increase 50.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.25 (USD).Trend:Increase 4.17% than previous quarter

Overall: decreasing (56.25%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 to Q3 2023 indicates overall increases in liabilities and current assets on revenue, though with some variability.  The ratio of retained earnings to revenue exhibits a negative downward trend with high fluctuation.  Retained earnings on assets and earnings per share also display considerable fluctuation, showing a decreasing trend.