Working Capital Efficiency
The data from Quater 1 in 2023 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 -233.5 (%).Trend:Increase 164.98% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -115.75 (%).Trend:Decrease 50.43% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -83.45 (%).Trend:Decrease 27.9% than previous quarter

Overall: increasing (-64.26%). 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 -20.59 (%).Trend:Decrease 1.62% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -20.82 (%).Trend:Increase 1.12% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -21.75 (%).Trend:Increase 4.47% than previous quarter

Overall: decreasing (5.63%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.06 (USD).Trend:Decrease 66.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.18 (USD).Trend:Increase 200.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.1 (USD).Trend:Decrease 44.44% than previous quarter

Overall: increasing (66.67%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2023 to Q3 2023 reveals three quarters of data. The Ratio of Retained Earnings to Revenue trended downward in Q1, then increased and then decreased again, resulting in an overall increasing trend, albeit significantly fluctuating.  Retained Earnings on Assets decreased slightly in Q1, then slightly increased in Q2 and again in Q3. This results in a decreasing trend, though also volatile. Earnings Per Share saw a major decrease in Q1 2023, a large increase in Q2, and then a decrease again in Q3, leading to an overall positive trend, yet highly variable.