Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 95.56 (%).Trend:Decrease 44.96% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 167.21 (%).Trend:Increase 74.98% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 105.54 (%).Trend:Decrease 36.88% than previous quarter

Overall: increasing (10.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 595.71 (%).Trend:Decrease 45.19% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 1749.31 (%).Trend:Increase 193.65% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 1051.49 (%).Trend:Decrease 39.89% than previous quarter

Overall: increasing (76.51%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -4746.44 (%).Trend:Decrease 32.98% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -7303.25 (%).Trend:Increase 53.87% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -4862.65 (%).Trend:Decrease 33.42% than previous quarter

Overall: decreasing (2.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets -701.12 (%).Trend:Increase 19.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -393.22 (%).Trend:Decrease 43.92% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -432.02 (%).Trend:Increase 9.87% than previous quarter

Overall: increasing (-38.38%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis for Q3 2022 to Q3 2023 reveals volatile financial performance.  Liabilities and current assets on revenue demonstrate significant swings, with liabilities increasing slightly overall, while current assets experienced a considerable increase with large quarter-to-quarter fluctuations.  Cost efficiency, measured by the retained earnings to revenue ratio, shows a slight overall decrease with significant quarter-to-quarter variations. Investment efficiency, indicated by retained earnings on assets, also displays substantial quarter-to-quarter fluctuations with a slight net decrease.  The data emphasizes the need for further investigation to assess potential outliers or errors and to understand the underlying drivers of these shifts.