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 271.5 (%).Trend:Increase 500.27% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 141.12 (%).Trend:Decrease 48.02% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 93.39 (%).Trend:Decrease 33.82% than previous quarter

Overall: decreasing (-65.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 1802.85 (%).Trend:Increase 437.65% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 805.07 (%).Trend:Decrease 55.34% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 480.91 (%).Trend:Decrease 40.26% than previous quarter

Overall: decreasing (-73.33%). Fluctuation: **Significant** (high 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 -17707.09 (%).Trend:Increase 525.33% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -9189.38 (%).Trend:Decrease 48.1% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -6466.35 (%).Trend:Decrease 29.63% than previous quarter

Overall: increasing (-63.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 291.05 (%).Trend:Increase 88.42% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 283.17 (%).Trend:Decrease 2.71% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 266.47 (%).Trend:Decrease 5.9% than previous quarter

Overall: decreasing (-8.45%). Fluctuation: **Little** (low variation).


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 -878.66 (%).Trend:Increase 19.44% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -994.1 (%).Trend:Increase 13.14% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -1146.34 (%).Trend:Increase 15.31% than previous quarter

Overall: decreasing (30.46%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -10.0 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -7.0 (USD).Trend:Decrease 30.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -9.0 (USD).Trend:Increase 28.57% than previous quarter

Overall: increasing (-10.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2023 reveal significant volatility across key metrics. Liabilities and current assets on revenue decreased, yet with substantial quarter-to-quarter variations.  Cost efficiency, indicated by the retained earnings-to-revenue ratio, showed an overall upward trend, though highly fluctuating.  The selling, general, and administrative (SG&A) expense ratio decreased slightly but with little variation.  Investment efficiency, measured by retained earnings on assets, decreased with substantial volatility. Earning per share (EPS) also displayed significant quarter-to-quarter changes, with all values negative. Overall, the financial performance appears unstable, with substantial fluctuations across crucial metrics.