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 92.09 (%).Trend:Increase 238.44% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 47.1 (%).Trend:Decrease 48.85% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 30.94 (%).Trend:Decrease 34.31% than previous quarter

Overall: decreasing (-66.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 219.48 (%).Trend:Increase 252.86% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 100.12 (%).Trend:Decrease 54.38% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 66.89 (%).Trend:Decrease 33.19% than previous quarter

Overall: decreasing (-69.52%). 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 14.09 (%).Trend:Decrease 313.16% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 2.9 (%).Trend:Decrease 79.42% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -9.88 (%).Trend:Decrease 440.69% than previous quarter

Overall: decreasing (-170.12%). 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 1.42 (%).Trend:Decrease 156.35% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 0.6 (%).Trend:Decrease 57.75% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -3.26 (%).Trend:Decrease 643.33% than previous quarter

Overall: decreasing (-329.58%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis suggests substantial and highly variable trends across working capital, cost, and investment efficiencies.  Significant decreases in liabilities on revenue and current assets on revenue are noted, along with a substantial decrease in the ratio of retained earnings to revenue.  Similarly, retained earnings on assets show a significant decline, indicating potential issues with investment efficiency.  The lack of data for the SG&A expense ratio limits a comprehensive assessment. These negative trends and high volatility warrant further investigation.