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 48681.12 (%).Trend:Increase 311.84% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 8307.25 (%).Trend:Decrease 82.94% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 4513.63 (%).Trend:Decrease 45.67% than previous quarter

Overall: decreasing (-90.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 234640.56 (%).Trend:Increase 211.77% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 45280.95 (%).Trend:Decrease 80.7% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 26966.2 (%).Trend:Decrease 40.45% than previous quarter

Overall: decreasing (-88.51%). 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 -454892.86 (%).Trend:Increase 345.64% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -84734.6 (%).Trend:Decrease 81.37% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -50667.7 (%).Trend:Decrease 40.2% than previous quarter

Overall: increasing (-88.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12848.21 (%).Trend:Increase 45.05% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4498.54 (%).Trend:Decrease 64.99% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3608.62 (%).Trend:Decrease 19.78% than previous quarter

Overall: decreasing (-71.91%). Fluctuation: **Significant** (high 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 -172.54 (%).Trend:Increase 47.5% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -167.21 (%).Trend:Decrease 3.09% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -159.48 (%).Trend:Decrease 4.62% than previous quarter

Overall: increasing (-7.57%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.57 (USD).Trend:Decrease 57.46% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.03 (USD).Trend:Increase 80.7% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.26 (USD).Trend:Increase 22.33% than previous quarter

Overall: decreasing (121.05%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2023 to Q3 2023 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue decreased substantially from Q1 to Q3, but with wide swings in quarterly figures.  Current assets on revenue also decreased significantly over the same period, exhibiting similarly erratic trends.  Cost efficiency metrics, including the ratio of retained earnings to revenue and SG&A expense ratio, show overall decreasing trends with significant quarterly variation.  Investment efficiency, as measured by retained earnings on assets, demonstrates a generally increasing trend, though with notable fluctuations.  Earnings per share show a consistent decline across the three quarters, again with substantial quarterly variation.