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 333.28 (%).Trend:Increase 193.33% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 163.54 (%).Trend:Decrease 50.93% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 81.48 (%).Trend:Decrease 50.18% than previous quarter

Overall: decreasing (-75.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 518.82 (%).Trend:Increase 315.92% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 262.74 (%).Trend:Decrease 49.36% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 152.54 (%).Trend:Decrease 41.94% than previous quarter

Overall: decreasing (-70.6%). 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 -198.43 (%).Trend:Increase 179.48% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -98.0 (%).Trend:Decrease 50.61% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -65.34 (%).Trend:Decrease 33.33% than previous quarter

Overall: increasing (-67.07%). 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 -22.24 (%).Trend:Decrease 21.41% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -21.97 (%).Trend:Decrease 1.21% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -24.1 (%).Trend:Increase 9.7% than previous quarter

Overall: decreasing (8.36%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis for Q1 to Q3 2023 shows high volatility in multiple key areas.  Working capital efficiency, measured by liabilities and current assets on revenue, decreased significantly across the three quarters, with large fluctuations. Cost efficiency, as gauged by retained earnings to revenue, demonstrates a slight upward trend, though still decreasing overall with substantial variation in the values. Investment efficiency, calculated by retained earnings on assets, displayed a downward trend but with significant fluctuations, increasing in Q3.  This data suggests considerable instability in the financials.