Working Capital Efficiency
The data from Quater 1 in 2023 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 -195.07 (%).Trend:Increase 135.93% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -95.62 (%).Trend:Decrease 50.98% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -63.73 (%).Trend:Decrease 33.35% than previous quarter

Overall: increasing (-67.33%). 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 -23.77 (%).Trend:Decrease 8.26% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -19.09 (%).Trend:Decrease 19.69% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -19.19 (%).Trend:Increase 0.52% than previous quarter

Overall: increasing (-19.27%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.11 (USD).Trend:Decrease 13.95% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.29 (USD).Trend:Increase 106.31% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.96 (USD).Trend:Increase 29.26% than previous quarter

Overall: increasing (166.67%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 reveal substantial volatility.  Retained earnings to revenue trends upward overall, although quarter-over-quarter changes are significant.  Similarly, retained earnings on assets also trends upward but varies considerably. Earnings per share are also increasing overall but with considerable quarter-over-quarter fluctuations. These findings highlight substantial risk and instability in the business performance. Further analysis is needed to understand the drivers behind these fluctuations and their potential impact on the company's future performance.