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 156.82 (%).Trend:Increase 181.09% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 62.68 (%).Trend:Decrease 60.03% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 37.76 (%).Trend:Decrease 39.76% than previous quarter

Overall: decreasing (-75.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 2374.37 (%).Trend:Increase 138.61% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 1213.92 (%).Trend:Decrease 48.87% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 646.5 (%).Trend:Decrease 46.74% than previous quarter

Overall: decreasing (-72.77%). 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 -2604.69 (%).Trend:Increase 149.03% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1287.06 (%).Trend:Decrease 50.59% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -832.13 (%).Trend:Decrease 35.35% than previous quarter

Overall: increasing (-68.05%). 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 -51.07 (%).Trend:Increase 7.92% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -53.88 (%).Trend:Increase 5.5% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -54.0 (%).Trend:Increase 0.22% than previous quarter

Overall: decreasing (5.74%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1-Q3 2023 reveals significant fluctuations across key financial metrics. Liabilities on revenue and current assets on revenue both experienced substantial decreases, indicating potential efficiency challenges.  The ratio of retained earnings to revenue also showed significant variability, despite an overall increase. Retained earnings on assets showed a slight decrease with high variation. Further investigation is needed to understand the drivers of these fluctuations.