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 68.84 (%).Trend:Increase 232.72% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 39.53 (%).Trend:Decrease 42.58% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 26.66 (%).Trend:Decrease 32.56% than previous quarter

Overall: decreasing (-61.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 123.94 (%).Trend:Increase 250.71% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 66.63 (%).Trend:Decrease 46.24% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 45.27 (%).Trend:Decrease 32.06% than previous quarter

Overall: decreasing (-63.47%). 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 -52.34 (%).Trend:Increase 455.04% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -28.68 (%).Trend:Decrease 45.2% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -19.79 (%).Trend:Decrease 31.0% than previous quarter

Overall: increasing (-62.19%). 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 -10.87 (%).Trend:Increase 56.4% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -11.57 (%).Trend:Increase 6.44% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -11.83 (%).Trend:Increase 2.25% than previous quarter

Overall: decreasing (8.83%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.03 (USD).Trend:Decrease 80.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.06 (USD).Trend:Increase 100.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.07 (USD).Trend:Increase 16.67% than previous quarter

Overall: decreasing (133.33%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2023 highlight a negative trend across various financial metrics. Liabilities on revenue and current assets on revenue both decreased with significant volatility.  The ratio of retained earnings to revenue also shows an increasing trend with significant fluctuations, but with a negative overall value. Investment efficiency exhibits a slight decreasing trend. Earnings per share experienced considerable negative fluctuations, indicating decreasing overall performance.  Key insight is the instability and potentially negative financial health of the company.