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 168.98 (%).Trend:Increase 629.94% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 62.56 (%).Trend:Decrease 62.98% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 22.48 (%).Trend:Decrease 64.07% than previous quarter

Overall: decreasing (-86.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 257.26 (%).Trend:Increase 439.1% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 95.72 (%).Trend:Decrease 62.79% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 46.57 (%).Trend:Decrease 51.35% than previous quarter

Overall: decreasing (-81.9%). 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 -225.23 (%).Trend:Increase 540.77% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -54.48 (%).Trend:Decrease 75.81% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -28.45 (%).Trend:Decrease 47.78% than previous quarter

Overall: increasing (-87.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 45.04 (%).Trend:Increase 41.64% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.57 (%).Trend:Decrease 32.13% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.7 (%).Trend:Decrease 2.85% than previous quarter

Overall: decreasing (-34.06%). Fluctuation: **Neutral** (moderate 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 -51.84 (%).Trend:Increase 40.72% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -37.81 (%).Trend:Decrease 27.06% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -38.06 (%).Trend:Increase 0.66% than previous quarter

Overall: increasing (-26.58%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.32 (USD).Trend:Decrease 557.14% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.29 (USD).Trend:Decrease 190.62% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.77 (USD).Trend:Increase 165.52% than previous quarter

Overall: increasing (-340.62%). Fluctuation: **Significant** (high variation).



Working capital efficiency displays significant fluctuations.  Liabilities on revenue decreased from 168.98% in Q1 to 22.48% in Q3 (86.7% decrease). Current assets on revenue also decreased from 257.26% in Q1 to 46.57% in Q3 (81.9% decrease). Cost efficiency shows a declining trend in the SG&A expense ratio (30.57% in Q2 to 29.7% in Q3, a -34.06% decrease). The retained earnings to revenue ratio, however, increased (-87.37%), although with major variations. Investment efficiency (retained earnings on assets) increased by -26.58% with high quarterly variance. Earnings per share increased, from -0.32 USD in Q1 to 0.77 USD in Q3, a significant increase of -340.62%.  These combined findings suggest substantial, potentially problematic, volatility in the company's financial performance.