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 159.66 (%).Trend:Increase 189.45% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 77.32 (%).Trend:Decrease 51.57% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 50.09 (%).Trend:Decrease 35.22% than previous quarter

Overall: decreasing (-68.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 477.33 (%).Trend:Increase 134.57% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 236.75 (%).Trend:Decrease 50.4% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 160.33 (%).Trend:Decrease 32.28% than previous quarter

Overall: decreasing (-66.41%). 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 -201.28 (%).Trend:Increase 183.45% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -99.49 (%).Trend:Decrease 50.57% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -61.65 (%).Trend:Decrease 38.03% than previous quarter

Overall: increasing (-69.37%). 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 -35.27 (%).Trend:Increase 17.33% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -35.22 (%).Trend:Decrease 0.14% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -32.39 (%).Trend:Decrease 8.04% than previous quarter

Overall: increasing (-8.17%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 123.21% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.1 (USD).Trend:Decrease 23.08% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.22 (USD).Trend:Increase 120.0% than previous quarter

Overall: increasing (69.23%). Fluctuation: **Significant** (high variation).



Q1 2023 to Q3 2023 financial statements demonstrate significant volatility.  Liability-to-revenue ratios are decreasing overall but fluctuate considerably.  Current asset-to-revenue ratios similarly decrease overall but fluctuate significantly.  Cost efficiency (ratio of retained earnings to revenue) trends upward but experiences substantial quarter-to-quarter shifts. Investment efficiency (retained earnings on assets) is increasing but with significant volatility. Earnings per share show significant increase and decrease between quarters. The financial data overall suggests large swings in financial performance across the three-quarter period.