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 93.62 (%).Trend:Increase 186.83% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 45.02 (%).Trend:Decrease 51.91% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 29.42 (%).Trend:Decrease 34.65% than previous quarter

Overall: decreasing (-68.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 171.07 (%).Trend:Increase 238.42% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 86.24 (%).Trend:Decrease 49.59% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 52.41 (%).Trend:Decrease 39.23% than previous quarter

Overall: decreasing (-69.36%). 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 -774.99 (%).Trend:Increase 265.2% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -369.95 (%).Trend:Decrease 52.26% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -285.41 (%).Trend:Decrease 22.85% than previous quarter

Overall: increasing (-63.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.84 (%).Trend:Decrease 12.7% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.9 (%).Trend:Decrease 2.95% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.4 (%).Trend:Increase 8.09% than previous quarter

Overall: increasing (4.9%). 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 -84.86 (%).Trend:Increase 8.64% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -86.19 (%).Trend:Increase 1.57% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -94.58 (%).Trend:Increase 9.73% than previous quarter

Overall: decreasing (11.45%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of the provided financial statements reveals significant volatility in key efficiency metrics. Liabilities on revenue are decreasing overall, but with substantial quarter-to-quarter variation.  Current assets on revenue also exhibit a decreasing trend with significant fluctuations.  The ratio of retained earnings to revenue demonstrates a notable increasing trend but highly variable results across quarters.  Selling, General, and Administrative (SG&A) expense ratio is increasing slightly, showing little variation. Investment efficiency, measured by retained earnings on assets, is decreasing, with high volatility.  More context is required to fully understand the financial implications.