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 713.21 (%).Trend:Increase 1520.2% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 149.4 (%).Trend:Decrease 79.05% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 54.83 (%).Trend:Decrease 63.3% than previous quarter

Overall: decreasing (-92.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 2500.75 (%).Trend:Increase 1165.11% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 619.01 (%).Trend:Decrease 75.25% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 267.41 (%).Trend:Decrease 56.8% than previous quarter

Overall: decreasing (-89.31%). 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 -4557.84 (%).Trend:Increase 727.06% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1406.14 (%).Trend:Decrease 69.15% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -513.79 (%).Trend:Decrease 63.46% than previous quarter

Overall: increasing (-88.73%). 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 -47.7 (%).Trend:Decrease 17.62% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -48.55 (%).Trend:Increase 1.78% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -44.94 (%).Trend:Decrease 7.44% than previous quarter

Overall: increasing (-5.79%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.01 (USD).Trend:Decrease 94.12% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.01 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.15 (USD).Trend:Increase 1400.0% than previous quarter

Overall: increasing (1400.0%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2023 to Q3 2023 reveals significant volatility across key financial metrics. Liabilities on revenue declined substantially,  while current assets on revenue also decreased, indicating potential strain on working capital.  Cost efficiency shows a large decrease in retained earnings to revenue, but the trend then levels off into a slight decrease.  Invest efficiency exhibits a slight upward trend in retained earnings on assets.  Earnings per share saw a large decrease followed by a massive increase in Q3 2023, highlighting substantial short-term variations. The data suggests a period of considerable financial instability.