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 121.44 (%).Trend:Increase 229.02% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 53.24 (%).Trend:Decrease 56.16% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 39.17 (%).Trend:Decrease 26.43% than previous quarter

Overall: decreasing (-67.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 158.12 (%).Trend:Increase 204.14% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 75.2 (%).Trend:Decrease 52.44% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 41.76 (%).Trend:Decrease 44.47% than previous quarter

Overall: decreasing (-73.59%). 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 -1700.16 (%).Trend:Increase 288.32% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -833.01 (%).Trend:Decrease 51.0% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -583.14 (%).Trend:Decrease 30.0% than previous quarter

Overall: increasing (-65.7%). 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 -547.51 (%).Trend:Increase 19.85% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -565.6 (%).Trend:Increase 3.3% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -652.13 (%).Trend:Increase 15.3% than previous quarter

Overall: decreasing (19.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.05 (USD).Trend:Decrease 90.38% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.1 (USD).Trend:Increase 100.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.3 (USD).Trend:Increase 200.0% than previous quarter

Overall: decreasing (500.0%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2023 to Q3 2023 data shows significant decreases in liabilities on revenue (-67.75%) and current assets on revenue (-73.59%), along with substantial quarter-to-quarter variations.  The ratio of retained earnings to revenue shows an overall increase of -65.7%, while retained earnings on assets decreased by 19.11%.  Earnings per share experienced a dramatic 500% decrease.  High volatility is evident.