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 2498600.0 (%).Trend:Decrease 99.89% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 2868000.0 (%).Trend:Increase 14.78% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 8724800.0 (%).Trend:Increase 204.21% than previous quarter

Overall: increasing (249.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 7238100.0 (%).Trend:Decrease 99.9% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 6943300.0 (%).Trend:Decrease 4.07% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 7268900.0 (%).Trend:Increase 4.69% than previous quarter

Overall: increasing (0.43%). 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 1557900.0 (%).Trend:Decrease 99.95% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 1655700.0 (%).Trend:Increase 6.28% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 1756700.0 (%).Trend:Increase 6.1% than previous quarter

Overall: increasing (12.76%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2321200.0 (%).Trend:Decrease 99.96% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4579600.0 (%).Trend:Increase 97.29% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6847500.0 (%).Trend:Increase 49.52% than previous quarter

Overall: increasing (195.0%). Fluctuation: **Significant** (high 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 9.06 (%).Trend:Decrease 59.64% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 9.08 (%).Trend:Increase 0.22% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 9.56 (%).Trend:Increase 5.29% than previous quarter

Overall: increasing (5.52%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -1.0 (USD).Trend:Decrease 150.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: stable (-0.0%). Fluctuation: **Significant** (high variation).



Q1-Q3 2023 financial data reveals significant fluctuations in key metrics. Liabilities on revenue show a significant increase, indicating potential strain on the company's financial position. Current assets relative to revenue demonstrate a modest upward trend despite initial sharp drops. Cost efficiency, with both retained earnings and SG&A expense ratios increasing, suggests some operational improvements, although substantial variation is present. Investment efficiency shows a modest improvement, and earnings per share remain consistently negative. This indicates possible ongoing operational issues, along with the need for potential financial restructuring.