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 2556300000.0 (%).Trend:Increase 45.01% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 8958400000.0 (%).Trend:Increase 250.44% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 9636100000.0 (%).Trend:Increase 7.56% than previous quarter

Overall: increasing (276.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 38640700000.0 (%).Trend:Decrease 10.5% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 42868800000.0 (%).Trend:Increase 10.94% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 41123100000.0 (%).Trend:Decrease 4.07% than previous quarter

Overall: increasing (6.42%). 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 -67300000000.0 (%).Trend:Increase 6.83% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -68742000000.0 (%).Trend:Increase 2.14% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -70312000000.0 (%).Trend:Increase 2.28% than previous quarter

Overall: decreasing (4.48%). 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 -97.72 (%).Trend:Increase 13.14% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -101.91 (%).Trend:Increase 4.29% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -105.02 (%).Trend:Increase 3.05% than previous quarter

Overall: decreasing (7.47%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.07 (USD).Trend:Decrease 79.41% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.13 (USD).Trend:Increase 85.71% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.2 (USD).Trend:Increase 53.85% than previous quarter

Overall: decreasing (185.71%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2023 to Q3 2023 reveals a significant increase in liabilities-to-revenue with high fluctuation. Current assets-to-revenue show an overall increase with low variation.  Cost efficiency displays a decrease in retained earnings-to-revenue with significant fluctuation. Investment efficiency demonstrates a significant decrease in retained earnings on assets with significant fluctuation. Earnings per share reveal a considerable decrease in Q1 2023, followed by an increase and subsequent decrease in Q2 and Q3 2023, respectively, with substantial variation.