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 141.01 (%).Trend:Increase 259.26% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 54.45 (%).Trend:Decrease 61.39% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 34.53 (%).Trend:Decrease 36.58% than previous quarter

Overall: decreasing (-75.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 179.2 (%).Trend:Increase 352.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 61.52 (%).Trend:Decrease 65.67% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 37.63 (%).Trend:Decrease 38.83% than previous quarter

Overall: decreasing (-79.0%). 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 0.05 (%).Trend:Decrease 105.32% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 0.81 (%).Trend:Increase 1520.0% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 0.12 (%).Trend:Decrease 85.19% than previous quarter

Overall: increasing (140.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 45.12 (%).Trend:Increase 0.09% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 44.07 (%).Trend:Decrease 2.33% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 43.32 (%).Trend:Decrease 1.7% than previous quarter

Overall: decreasing (-3.99%). 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 0.01 (%).Trend:Decrease 101.89% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 0.32 (%).Trend:Increase 3100.0% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 0.07 (%).Trend:Decrease 78.12% than previous quarter

Overall: increasing (600.0%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 91.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.07 (USD).Trend:Increase 133.33% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.03 (USD).Trend:Decrease 57.14% than previous quarter

Overall: stable (0.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2023 to Q3 2023 show mixed trends. Working capital efficiency displays significant decreases in both liabilities and current assets relative to revenue. Cost efficiency indicates a relatively stable SG&A expense ratio but considerable fluctuation in earnings ratios. Investment efficiency reveals significant, erratic changes in retained earnings on assets.  Earnings per share remain unstable, showing significant increases and decreases.  The high variation across all metrics suggests a need for deeper investigation into the underlying factors.