Working Capital Efficiency
The data from Quater 1 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 1: Liabilities on Revenue 62.29 (%).Trend:Increase 153.31% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.58 (%).Trend:Decrease 50.91% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 18.96 (%).Trend:Decrease 38.0% than previous quarter

Overall: decreasing (-69.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 89.12 (%).Trend:Increase 95.48% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 37.03 (%).Trend:Decrease 58.45% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 67.37 (%).Trend:Increase 81.93% than previous quarter

Overall: decreasing (-24.41%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -70.64 (%).Trend:Increase 153.64% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -34.58 (%).Trend:Decrease 51.05% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -20.46 (%).Trend:Decrease 40.83% than previous quarter

Overall: increasing (-71.04%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 1 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 1: Retained Earning on Assets -13.58 (%).Trend:Decrease 3.82% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -13.53 (%).Trend:Decrease 0.37% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -9.47 (%).Trend:Decrease 30.01% than previous quarter

Overall: increasing (-30.27%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 2022 to Q3 2023 show substantial volatility across key performance indicators.  Liabilities on revenue are decreasing, which could be a positive sign, though with significant fluctuation.  Current assets on revenue also show a notable downward trend with fluctuations, hinting at possible short-term liquidity issues. Cost efficiency, measured by the ratio of retained earnings to revenue, shows an upward trend with high variability, suggesting operational inefficiencies could be a factor. Investment efficiency (retained earnings on assets) exhibits a similar trend, despite slight improvements.