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 84.43 (%).Trend:Increase 194.8% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.4 (%).Trend:Decrease 50.97% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 28.9 (%).Trend:Decrease 30.19% than previous quarter

Overall: decreasing (-65.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 562.77 (%).Trend:Increase 165.36% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 260.06 (%).Trend:Decrease 53.79% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 171.95 (%).Trend:Decrease 33.88% than previous quarter

Overall: decreasing (-69.45%). 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 -675.29 (%).Trend:Increase 230.1% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -344.69 (%).Trend:Decrease 48.96% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -242.0 (%).Trend:Decrease 29.79% than previous quarter

Overall: increasing (-64.16%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 72.6 (%).Trend:Increase 8.98% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 69.21 (%).Trend:Decrease 4.67% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 69.31 (%).Trend:Increase 0.14% than previous quarter

Overall: decreasing (-4.53%). 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 -51.31 (%).Trend:Increase 19.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -55.59 (%).Trend:Increase 8.34% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -59.27 (%).Trend:Increase 6.62% than previous quarter

Overall: decreasing (15.51%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.72 (USD).Trend:Decrease 49.65% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.0 (USD).Trend:Increase 38.89% than previous quarter
Year 2023 Quarter 3: Earning Per Share -2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (177.78%). Fluctuation: **Significant** (high variation).



Q1 2023 to Q3 2023 financial data reveals significant volatility.  Liabilities and current assets on revenue both decreased substantially. The ratio of retained earnings to revenue improved, although still negative, while SG&A expenses remained relatively stable.  Retained earnings on assets and earnings per share declined significantly, highlighting considerable investment challenges.  Overall, the data suggests a need for improved financial management and strategic planning.