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 63.57 (%).Trend:Increase 242.51% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 29.6 (%).Trend:Decrease 53.44% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 14.25 (%).Trend:Decrease 51.86% than previous quarter

Overall: decreasing (-77.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 355.26 (%).Trend:Increase 147.65% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 165.01 (%).Trend:Decrease 53.55% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 115.23 (%).Trend:Decrease 30.17% than previous quarter

Overall: decreasing (-67.56%). 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 -455.36 (%).Trend:Increase 113.4% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -232.26 (%).Trend:Decrease 48.99% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -175.18 (%).Trend:Decrease 24.58% than previous quarter

Overall: increasing (-61.53%). 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 -104.96 (%).Trend:Decrease 11.02% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -104.08 (%).Trend:Decrease 0.84% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -114.13 (%).Trend:Increase 9.66% than previous quarter

Overall: decreasing (8.74%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.17 (USD).Trend:Decrease 82.11% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.47 (USD).Trend:Increase 176.47% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.06 (USD).Trend:Increase 125.53% than previous quarter

Overall: decreasing (523.53%). Fluctuation: **Significant** (high variation).



Data from Q1 2023 to Q3 2023 indicates significant fluctuations in key financial metrics.  Liabilities and current assets on revenue both decreased substantially, while the ratio of retained earnings to revenue showed improvement, although retained earnings on assets also declined. Earnings per share experienced a dramatic negative trend.  High variability necessitates further investigation.