Working Capital Efficiency
The data from Quater 1 in 2023 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 -791.22 (%).Trend:Increase 201.5% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -395.64 (%).Trend:Decrease 50.0% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -268.94 (%).Trend:Decrease 32.02% than previous quarter

Overall: increasing (-66.01%). 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 -23.39 (%).Trend:Increase 8.79% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -22.69 (%).Trend:Decrease 2.99% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -23.8 (%).Trend:Increase 4.89% than previous quarter

Overall: decreasing (1.75%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 500.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.3 (USD).Trend:Increase 650.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.12 (USD).Trend:Decrease 60.0% than previous quarter

Overall: increasing (200.0%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 to Q3 2023 shows significant volatility. The ratio of retained earnings to revenue increases overall despite quarter-to-quarter fluctuations.  Investment efficiency, characterized by a slight negative trend in retained earning on assets, displays large variations.  Earnings per share exhibit significant increases and decreases throughout the reviewed period. This analysis underlines the unstable and volatile nature of the financial performance during the specified time.