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 5290.03 (%).Trend:Increase 3263.23% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 3176.23 (%).Trend:Decrease 39.96% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 1403.35 (%).Trend:Decrease 55.82% than previous quarter

Overall: decreasing (-73.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 30268.46 (%).Trend:Increase 3471.5% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 12485.84 (%).Trend:Decrease 58.75% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 7775.47 (%).Trend:Decrease 37.73% than previous quarter

Overall: decreasing (-74.31%). 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 -112675.52 (%).Trend:Increase 4695.32% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -63898.3 (%).Trend:Decrease 43.29% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -31653.25 (%).Trend:Decrease 50.46% than previous quarter

Overall: increasing (-71.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1703.61 (%).Trend:Increase 1059.63% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1939.14 (%).Trend:Increase 13.83% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1362.89 (%).Trend:Decrease 29.72% than previous quarter

Overall: decreasing (-20.0%). Fluctuation: **Neutral** (moderate 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 -328.84 (%).Trend:Increase 34.59% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -439.85 (%).Trend:Increase 33.76% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -365.24 (%).Trend:Decrease 16.96% than previous quarter

Overall: decreasing (11.07%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1-Q3 2023 financial statements reveals significant fluctuations across key metrics. Liabilities on revenue and current assets on revenue decreased significantly (-73.47% and -74.31% respectively), showing high variability.  The ratio of retained earnings to revenue showed a large overall increase (-71.91%), also with high variation.  Conversely, the SG&A expense ratio decreased by 20%, displaying moderate fluctuation.  Retained earnings on assets decreased by 11.07%, indicating significant variation.