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 200.97 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 92.91 (%).Trend:Decrease 53.77% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 63.59 (%).Trend:Decrease 31.56% than previous quarter

Overall: decreasing (-68.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 1541.36 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 751.72 (%).Trend:Decrease 51.23% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 486.93 (%).Trend:Decrease 35.22% than previous quarter

Overall: decreasing (-68.41%). 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 -939.04 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -534.09 (%).Trend:Decrease 43.12% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -383.4 (%).Trend:Decrease 28.21% than previous quarter

Overall: increasing (-59.17%). 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 -53.93 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -61.98 (%).Trend:Increase 14.93% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -68.05 (%).Trend:Increase 9.79% than previous quarter

Overall: decreasing (26.18%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.67 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.0 (USD).Trend:Increase 49.25% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (49.25%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2023 to Q3 2023 financial data reveals significant fluctuations across key metrics. Liabilities on Revenue and Current Assets on Revenue decreased significantly (-68.36% and -68.41% respectively) over the three quarters. The Ratio of Retained Earnings to Revenue showed an overall increase (-59.17%), while Retained Earnings on Assets decreased (-26.18%).  Earnings Per Share also decreased (-49.25%).  All metrics displayed significant variation.