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 77.06 (%).Trend:Increase 148.5% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 29.77 (%).Trend:Decrease 61.37% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 21.81 (%).Trend:Decrease 26.74% than previous quarter

Overall: decreasing (-71.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 91.64 (%).Trend:Increase 160.71% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 46.83 (%).Trend:Decrease 48.9% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 30.77 (%).Trend:Decrease 34.29% than previous quarter

Overall: decreasing (-66.42%). 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 -1094.92 (%).Trend:Increase 174.8% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -526.91 (%).Trend:Decrease 51.88% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -343.31 (%).Trend:Decrease 34.84% than previous quarter

Overall: increasing (-68.65%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.5 (%).Trend:Decrease 16.18% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.54 (%).Trend:Increase 0.35% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.44 (%).Trend:Decrease 0.87% than previous quarter

Overall: decreasing (-0.52%). 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 -96.05 (%).Trend:Increase 0.23% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -93.86 (%).Trend:Decrease 2.28% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -93.89 (%).Trend:Increase 0.03% than previous quarter

Overall: increasing (-2.25%). Fluctuation: **Significant** (high variation).

Earning Per Share


The provided financial statements for Q1 to Q3 2023 reveal significant and erratic fluctuations in key financial metrics. Liabilities and current assets on revenue experienced substantial increases and decreases, pointing to a volatile working capital efficiency. Cost efficiency indicates a decrease in SG&A expense ratios, but the retained earnings to revenue ratio shows large, negative swings. Investment efficiency exhibits significant fluctuations in retained earnings on assets. Overall, the data suggests considerable instability in financial performance and requires careful monitoring.