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 1503.96 (%).Trend:Increase 211.37% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 124.26 (%).Trend:Decrease 91.74% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 80.36 (%).Trend:Decrease 35.33% than previous quarter

Overall: decreasing (-94.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 1802.15 (%).Trend:Increase 193.14% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 146.78 (%).Trend:Decrease 91.86% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 95.49 (%).Trend:Decrease 34.94% than previous quarter

Overall: decreasing (-94.7%). 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 -1769.52 (%).Trend:Increase 175.39% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -142.7 (%).Trend:Decrease 91.94% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -90.63 (%).Trend:Decrease 36.49% than previous quarter

Overall: increasing (-94.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 54.36 (%).Trend:Decrease 7.44% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.51 (%).Trend:Decrease 84.35% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.79 (%).Trend:Increase 3.29% than previous quarter

Overall: decreasing (-83.83%). 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 -52.3 (%).Trend:Decrease 4.75% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -52.91 (%).Trend:Increase 1.17% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -52.77 (%).Trend:Decrease 0.26% than previous quarter

Overall: decreasing (0.9%). Fluctuation: **Significant** (high variation).

Earning Per Share


The financial analysis for Q1 2023 to Q3 2023 reveals significant fluctuations in working capital efficiency metrics. Liabilities and current assets on revenue experienced substantial increases and decreases across the quarters, with overall downward trends.  Cost efficiency also shows high volatility, with the SG&A expense ratio decreasing overall but with quarter-to-quarter variations.  The ratio of retained earnings to revenue displays a similar pattern of large swings, with an overall increasing trend.  Investment efficiency, measured by retained earnings on assets, shows a slightly negative overall trend with significant volatility.  The data indicates unstable financial performance, requiring further investigation into potential outliers or underlying causes for these dramatic shifts.