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 804.3 (%).Trend:Increase 49.02% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 447.54 (%).Trend:Decrease 44.36% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 296.27 (%).Trend:Decrease 33.8% than previous quarter

Overall: decreasing (-63.16%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 14114.03 (%).Trend:Increase 78.55% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 6145.92 (%).Trend:Decrease 56.46% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 3571.76 (%).Trend:Decrease 41.88% than previous quarter

Overall: decreasing (-74.69%). 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 -9833.82 (%).Trend:Increase 92.57% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -5156.93 (%).Trend:Decrease 47.56% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -3685.14 (%).Trend:Decrease 28.54% than previous quarter

Overall: increasing (-62.53%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 505.74 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 477.04 (%).Trend:Decrease 5.67% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 429.0 (%).Trend:Decrease 10.07% than previous quarter

Overall: decreasing (-15.17%). 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 -47.91 (%).Trend:Increase 11.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -58.55 (%).Trend:Increase 22.21% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -72.15 (%).Trend:Increase 23.23% than previous quarter

Overall: decreasing (50.59%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -1.0 (USD).Trend:Decrease 75.0% 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 -4.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (300.0%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2023 reveals significant fluctuations in key financial metrics.  Liabilities on Revenue and Current assets on Revenue both show substantial overall decreases, indicating potential working capital issues.  Conversely, the Ratio of Retained Earnings to Revenue increased, though negatively, suggesting possible losses.  While SG&A expenses decreased modestly,  negative Retained Earnings on Assets and Earnings Per Share highlight serious concerns requiring immediate attention.