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 10158.7 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 7184.42 (%).Trend:Decrease 29.28% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 3463.55 (%).Trend:Decrease 51.79% than previous quarter

Overall: decreasing (-65.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 180652.0 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 72379.47 (%).Trend:Decrease 59.93% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 36665.98 (%).Trend:Decrease 49.34% than previous quarter

Overall: decreasing (-79.7%). 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 -361094.32 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -178024.94 (%).Trend:Decrease 50.7% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -104944.59 (%).Trend:Decrease 41.05% than previous quarter

Overall: increasing (-70.94%). 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 -166.64 (%).Trend:Increase 28.51% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -184.47 (%).Trend:Increase 10.7% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -209.95 (%).Trend:Increase 13.81% than previous quarter

Overall: decreasing (25.99%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.19 (USD).Trend:Decrease 68.85% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.37 (USD).Trend:Increase 94.74% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.52 (USD).Trend:Increase 40.54% than previous quarter

Overall: decreasing (173.68%). Fluctuation: **Significant** (high variation).



The financial performance from Q1 to Q3 2023 shows concerning trends. Liabilities on revenue decreased (-65.91%) with significant variation, while current assets on revenue experienced a larger decline (-79.7%) with similar fluctuation. The ratio of retained earnings to revenue increased (-70.94%) with substantial volatility. Retained earnings on assets decreased (25.99%) with significant fluctuation.  Earnings per share decreased dramatically (173.68%) and exhibited significant fluctuation. These indicators suggest potential challenges in managing assets, profitability, and retained earnings, coupled with considerable instability.