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 95.97 (%).Trend:Increase 205.93% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.77 (%).Trend:Decrease 49.18% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 36.74 (%).Trend:Decrease 24.67% than previous quarter

Overall: decreasing (-61.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 146.47 (%).Trend:Increase 187.65% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 74.8 (%).Trend:Decrease 48.93% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 51.31 (%).Trend:Decrease 31.4% than previous quarter

Overall: decreasing (-64.97%). 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 -8.55 (%).Trend:Increase 123.24% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -2.66 (%).Trend:Decrease 68.89% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -0.7 (%).Trend:Decrease 73.68% than previous quarter

Overall: increasing (-91.81%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.81 (%).Trend:Decrease 6.95% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.89 (%).Trend:Increase 0.37% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.21 (%).Trend:Increase 1.46% than previous quarter

Overall: increasing (1.83%). 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 -1.78 (%).Trend:Decrease 23.93% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -1.13 (%).Trend:Decrease 36.52% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -0.45 (%).Trend:Decrease 60.18% than previous quarter

Overall: increasing (-74.72%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.05 (USD).Trend:Decrease 16.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.17 (USD).Trend:Increase 240.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.32 (USD).Trend:Increase 88.24% than previous quarter

Overall: increasing (540.0%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2023 to Q3 2023 financial data shows a decrease in liabilities and current assets on revenue, implying potential improvements in working capital efficiency.  The retained earnings to revenue ratio exhibits significant, fluctuating increases and decreases.  Selling, general, and administrative (SG&A) expense ratios are mildly increasing, with low fluctuation. Investment efficiency shows a consistent decrease in retained earnings on assets. Earnings per share are increasing, though this increase is also highly volatile.  The data suggests significant variation in most financial metrics, potentially requiring further investigation.