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 101.05 (%).Trend:Increase 237.96% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 47.81 (%).Trend:Decrease 52.69% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 33.96 (%).Trend:Decrease 28.97% than previous quarter

Overall: decreasing (-66.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 447.46 (%).Trend:Increase 211.45% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 209.23 (%).Trend:Decrease 53.24% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 137.61 (%).Trend:Decrease 34.23% than previous quarter

Overall: decreasing (-69.25%). 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 -503.63 (%).Trend:Increase 309.99% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -243.32 (%).Trend:Decrease 51.69% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -167.32 (%).Trend:Decrease 31.23% than previous quarter

Overall: increasing (-66.78%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 53.02 (%).Trend:Increase 29.38% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 51.31 (%).Trend:Decrease 3.23% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 48.42 (%).Trend:Decrease 5.63% than previous quarter

Overall: decreasing (-8.68%). 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 -89.41 (%).Trend:Increase 31.29% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -93.89 (%).Trend:Increase 5.01% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -98.07 (%).Trend:Increase 4.45% than previous quarter

Overall: decreasing (9.69%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -2.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (100.0%). Fluctuation: **Significant** (high variation).



Analyzing Q1 2023 to Q3 2023 reveals significant decreases in liabilities on revenue (-66.39%) and current assets on revenue (-69.25%), both with high variability.  The ratio of retained earnings to revenue also increased (-66.78%) with significant fluctuation. The SG&A expense ratio displayed a smaller decrease (-8.68%) and low variation.  Retained earnings on assets and earnings per share showed significant declines (-9.69% and -100.0%, respectively), and high volatility.