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 72.79 (%).Trend:Increase 184.89% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42.88 (%).Trend:Decrease 41.09% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 28.67 (%).Trend:Decrease 33.14% than previous quarter

Overall: decreasing (-60.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 480.63 (%).Trend:Increase 177.66% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 219.49 (%).Trend:Decrease 54.33% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 142.55 (%).Trend:Decrease 35.05% than previous quarter

Overall: decreasing (-70.34%). 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 -1438.88 (%).Trend:Increase 263.39% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -724.4 (%).Trend:Decrease 49.66% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -477.26 (%).Trend:Decrease 34.12% than previous quarter

Overall: increasing (-66.83%). 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 -231.83 (%).Trend:Increase 27.55% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -254.97 (%).Trend:Increase 9.98% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -264.41 (%).Trend:Increase 3.7% than previous quarter

Overall: decreasing (14.05%). Fluctuation: **Significant** (high variation).

Earning Per Share


Q1 2023 to Q3 2023 financial analysis reveals substantial volatility across various metrics. Liabilities on revenue and current assets on revenue declined from the previous quarter, but significant fluctuations persist.  Retained earnings to revenue ratios increased overall but are highly volatile.  Retained earnings on assets demonstrate a clear downward trend with large quarterly changes.