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 74.62 (%).Trend:Increase 240.73% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 34.86 (%).Trend:Decrease 53.28% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 34.01 (%).Trend:Decrease 2.44% than previous quarter

Overall: decreasing (-54.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 61.26 (%).Trend:Increase 173.48% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 31.63 (%).Trend:Decrease 48.37% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 24.37 (%).Trend:Decrease 22.95% than previous quarter

Overall: decreasing (-60.22%). 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 15.9 (%).Trend:Increase 1104.55% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 11.98 (%).Trend:Decrease 24.65% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 0.91 (%).Trend:Decrease 92.4% than previous quarter

Overall: decreasing (-94.28%). 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 2.23 (%).Trend:Increase 218.57% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 3.35 (%).Trend:Increase 50.22% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 0.36 (%).Trend:Decrease 89.25% than previous quarter

Overall: decreasing (-83.86%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.08 (USD).Trend:Decrease 103.56% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.26 (USD).Trend:Decrease 425.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.33 (USD).Trend:Decrease 226.92% than previous quarter

Overall: decreasing (312.5%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2023 show significant fluctuations in key metrics. Liabilities and current assets relative to revenue are decreasing.  The ratio of retained earnings to revenue is also decreasing significantly.  Investment efficiency, as measured by retained earnings on assets, shows a decline. Earnings per share are also decreasing, exhibiting significant variation. These findings indicate potential financial challenges.