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 197.64 (%).Trend:Increase 245.34% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 109.15 (%).Trend:Decrease 44.77% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 78.81 (%).Trend:Decrease 27.8% than previous quarter

Overall: decreasing (-60.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 289.61 (%).Trend:Increase 206.17% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 152.49 (%).Trend:Decrease 47.35% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 102.54 (%).Trend:Decrease 32.76% than previous quarter

Overall: decreasing (-64.59%). 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 -334.18 (%).Trend:Increase 1597.21% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -201.02 (%).Trend:Decrease 39.85% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -150.72 (%).Trend:Decrease 25.02% than previous quarter

Overall: increasing (-54.9%). 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 -20.73 (%).Trend:Increase 515.13% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -22.89 (%).Trend:Increase 10.42% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -24.55 (%).Trend:Increase 7.25% than previous quarter

Overall: decreasing (18.43%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.05 (USD).Trend:Decrease 97.57% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.7 (USD).Trend:Increase 1300.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.11 (USD).Trend:Increase 58.57% than previous quarter

Overall: decreasing (2120.0%). Fluctuation: **Significant** (high variation).



Analyzing Q1 2023 to Q3 2023 data shows significant fluctuations. Liabilities and current assets on revenue decreased overall, but displayed substantial quarter-to-quarter volatility.  The ratio of retained earnings to revenue increased while retained earnings on assets and earnings per share decreased, highlighting considerable financial instability needing deeper investigation.