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 42.16 (%).Trend:Increase 70.34% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 19.59 (%).Trend:Decrease 53.53% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 16.43 (%).Trend:Decrease 16.13% than previous quarter

Overall: decreasing (-61.03%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 284.14 (%).Trend:Increase 185.11% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 155.63 (%).Trend:Decrease 45.23% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 114.53 (%).Trend:Decrease 26.41% than previous quarter

Overall: decreasing (-59.69%). 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 -983.03 (%).Trend:Increase 195.58% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -464.34 (%).Trend:Decrease 52.76% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -296.69 (%).Trend:Decrease 36.11% than previous quarter

Overall: increasing (-69.82%). 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 -278.73 (%).Trend:Increase 1.76% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -248.05 (%).Trend:Decrease 11.01% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -221.63 (%).Trend:Decrease 10.65% than previous quarter

Overall: increasing (-20.49%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 85.19% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.23 (USD).Trend:Increase 475.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.34 (USD).Trend:Increase 47.83% than previous quarter

Overall: increasing (750.0%). Fluctuation: **Significant** (high variation).



The Q1-Q3 2023 financial review reveals considerable instability across multiple key performance indicators.  A notable decrease in both liabilities on revenue and current assets on revenue is observed, though the high fluctuation warrants further investigation. The ratio of retained earnings to revenue, while remaining negative, shows improvement.  Conversely, earnings per share demonstrate substantial growth, suggesting positive operational performance.  Further analysis is necessary to understand the underlying causes of these fluctuations.