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 -49200.95 (%).Trend:Increase 384.49% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -8977.43 (%).Trend:Decrease 81.75% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -6359.07 (%).Trend:Decrease 29.17% than previous quarter

Overall: increasing (-87.08%). 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 -34.59 (%).Trend:Increase 7.02% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -35.34 (%).Trend:Increase 2.17% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -40.71 (%).Trend:Increase 15.2% than previous quarter

Overall: decreasing (17.69%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.27 (USD).Trend:Decrease 15.62% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.34 (USD).Trend:Increase 25.93% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.56 (USD).Trend:Increase 358.82% than previous quarter

Overall: decreasing (477.78%). Fluctuation: **Significant** (high variation).



Financial analysis from Q1 2023 to Q3 2023 shows significant variability across key metrics. The ratio of retained earnings to revenue displayed an overall increasing trend, yet with large shifts in quarterly values.  Retained earnings on assets exhibited a downward trend with notable quarter-to-quarter changes. Earnings per share also exhibited a generally decreasing trend but large quarterly variations. This indicates potential instability in the company's financial health.