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 7297000000.0 (%).Trend:Increase 30328345702.16% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 8381200000.0 (%).Trend:Increase 14.86% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 5813600000.0 (%).Trend:Decrease 30.64% than previous quarter

Overall: decreasing (-20.33%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 19619500000.0 (%).Trend:Increase 44377968685.34% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 20796000000.0 (%).Trend:Increase 6.0% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 16254000000.0 (%).Trend:Decrease 21.84% than previous quarter

Overall: decreasing (-17.15%). Fluctuation: **Neutral** (moderate 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 -80012600000.0 (%).Trend:Increase 42571215648.87% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -80266300000.0 (%).Trend:Increase 0.32% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -81592500000.0 (%).Trend:Increase 1.65% than previous quarter

Overall: decreasing (1.97%). 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 -187.52 (%).Trend:Decrease 4.73% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -183.06 (%).Trend:Decrease 2.38% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -210.92 (%).Trend:Increase 15.22% than previous quarter

Overall: decreasing (12.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.19 (USD).Trend:Decrease 190.48% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.26 (USD).Trend:Increase 36.84% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.66 (USD).Trend:Increase 153.85% than previous quarter

Overall: decreasing (247.37%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1-Q3 2023 reveals decreasing trends in working capital efficiency. Liabilities on revenue decreased in Q3 2023, while current assets on revenue also decreased in Q3 2023. Cost efficiency shows a decreasing trend in the ratio of retained earnings to revenue, with significant fluctuation between quarters. Investment efficiency shows a fluctuating pattern of decreasing retained earnings on assets, while earnings per share continue to show a decreasing pattern.