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 72.05 (%).Trend:Increase 300.72% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 35.49 (%).Trend:Decrease 50.74% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 24.37 (%).Trend:Decrease 31.33% than previous quarter

Overall: decreasing (-66.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 138.14 (%).Trend:Increase 250.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 67.59 (%).Trend:Decrease 51.07% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 46.03 (%).Trend:Decrease 31.9% than previous quarter

Overall: decreasing (-66.68%). 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 21.12 (%).Trend:Increase 31.51% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -7.09 (%).Trend:Decrease 133.57% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -6.26 (%).Trend:Decrease 11.71% than previous quarter

Overall: decreasing (-129.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.5 (%).Trend:Increase 28.98% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.07 (%).Trend:Decrease 16.82% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.23 (%).Trend:Increase 2.26% than previous quarter

Overall: decreasing (-14.94%). 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 5.62 (%).Trend:Decrease 63.77% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -4.14 (%).Trend:Decrease 173.67% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -5.43 (%).Trend:Increase 31.16% than previous quarter

Overall: decreasing (-196.62%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -1.4 (USD).Trend:Decrease 22.65% than previous quarter
Year 2023 Quarter 2: Earning Per Share -11.34 (USD).Trend:Increase 710.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -12.42 (USD).Trend:Increase 9.52% than previous quarter

Overall: decreasing (787.14%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2023 show continued volatility.  Working capital efficiency metrics exhibit decreases in both liabilities and current assets on revenue, yet fluctuate greatly. Cost efficiency (ratio of retained earnings to revenue) shows a consistent and significant decrease. The SG&A expense ratio remains relatively stable.  Investment efficiency shows considerable decreases in retained earnings on assets, and earnings per share remain negative across all three quarters. Overall, the data suggests ongoing financial challenges.