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 179.41 (%).Trend:Increase 222.91% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 67.51 (%).Trend:Decrease 62.37% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 41.23 (%).Trend:Decrease 38.93% than previous quarter

Overall: decreasing (-77.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 77.59 (%).Trend:Increase 150.37% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 30.74 (%).Trend:Decrease 60.38% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 26.43 (%).Trend:Decrease 14.02% than previous quarter

Overall: decreasing (-65.94%). 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 -820.74 (%).Trend:Increase 227.9% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -339.86 (%).Trend:Decrease 58.59% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -210.67 (%).Trend:Decrease 38.01% than previous quarter

Overall: increasing (-74.33%). 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 -88.53 (%).Trend:Increase 11.5% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -90.25 (%).Trend:Increase 1.94% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -88.84 (%).Trend:Decrease 1.56% than previous quarter

Overall: decreasing (0.35%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance in Q1 2023 to Q3 2023 shows extreme volatility. Liabilities on revenue decreased significantly (-77.02%), but with large quarter-to-quarter fluctuations. Current assets on revenue also decreased substantially (-65.94%). Cost efficiency, as measured by the ratio of retained earnings to revenue, decreased significantly (-74.33%) and displayed enormous quarter-to-quarter variations. Investment efficiency, represented by retained earnings on assets, decreased slightly overall (0.35%), but with significant volatility.  Overall, the data suggests instability and considerable risk.