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 1829100000.0 (%).Trend:Increase 9.95% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 2031400000.0 (%).Trend:Increase 11.06% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 2353700000.0 (%).Trend:Increase 15.87% than previous quarter

Overall: increasing (28.68%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 42779500000.0 (%).Trend:Decrease 3.73% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 40194700000.0 (%).Trend:Decrease 6.04% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 37939000000.0 (%).Trend:Decrease 5.61% than previous quarter

Overall: decreasing (-11.31%). 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 -27950800000.0 (%).Trend:Increase 11.88% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue -35350000000.0 (%).Trend:Increase 26.47% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -39660000000.0 (%).Trend:Increase 12.19% than previous quarter

Overall: decreasing (41.89%). Fluctuation: **Significant** (high variation).

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

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 -57.6 (%).Trend:Increase 16.08% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets -76.94 (%).Trend:Increase 33.58% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -90.94 (%).Trend:Increase 18.2% than previous quarter

Overall: decreasing (57.88%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.66 (USD).Trend:Increase 52.29% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.78 (USD).Trend:Decrease 53.01% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.57 (USD).Trend:Increase 101.28% than previous quarter

Overall: increasing (-5.42%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show increasing liabilities on revenue (28.68%) with moderate variation. Current assets on revenue are decreasing (-11.31%) with low variation. Cost efficiency, specifically the ratio of retained earnings to revenue, is declining significantly (41.89%) with high fluctuation. Investment efficiency (retained earnings on assets) is also declining substantially (57.88%) with high volatility.  Earnings per share are increasing overall (-5.42%) but also show significant volatility.