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 25052800000.0 (%).Trend:Decrease 15.36% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 25972300000.0 (%).Trend:Increase 3.67% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 30080300000.0 (%).Trend:Increase 15.82% than previous quarter

Overall: increasing (20.07%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 53651000000.0 (%).Trend:Decrease 13.92% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 52319400000.0 (%).Trend:Decrease 2.48% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 55983100000.0 (%).Trend:Increase 7.0% than previous quarter

Overall: increasing (4.35%). 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 -22598200000.0 (%).Trend:Increase 13.45% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -24319400000.0 (%).Trend:Increase 7.62% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -24687800000.0 (%).Trend:Increase 1.51% than previous quarter

Overall: decreasing (9.25%). 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 -22.1 (%).Trend:Increase 21.43% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -24.1 (%).Trend:Increase 9.05% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -23.61 (%).Trend:Decrease 2.03% than previous quarter

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

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.19 (USD).Trend:Decrease 218.75% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.3 (USD).Trend:Increase 57.89% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.33 (USD).Trend:Increase 10.0% than previous quarter

Overall: decreasing (73.68%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2023 to Q3 2023 show fluctuating trends. Liabilities on revenue are increasing, with little fluctuation. Current assets on revenue also increase with little fluctuation.  However, the ratio of retained earnings to revenue is decreasing significantly.  Investment efficiency and earnings per share are also decreasing significantly, with substantial quarter-to-quarter variation.  Overall, the financial performance shows a mixed picture with some metrics improving while others are declining drastically.  The significant fluctuation in cost efficiency metrics warrants further investigation.