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 115.62 (%).Trend:Increase 191.53% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 54.92 (%).Trend:Decrease 52.5% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 38.07 (%).Trend:Decrease 30.68% than previous quarter

Overall: decreasing (-67.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 245.16 (%).Trend:Increase 105.79% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 123.3 (%).Trend:Decrease 49.71% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 85.77 (%).Trend:Decrease 30.44% than previous quarter

Overall: decreasing (-65.01%). 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 -366.53 (%).Trend:Increase 191.01% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -190.04 (%).Trend:Decrease 48.15% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -131.37 (%).Trend:Decrease 30.87% than previous quarter

Overall: increasing (-64.16%). 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 -47.35 (%).Trend:Increase 19.6% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -49.84 (%).Trend:Increase 5.26% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -51.53 (%).Trend:Increase 3.39% than previous quarter

Overall: decreasing (8.83%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 99.25% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.42 (USD).Trend:Increase 4100.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.81 (USD).Trend:Increase 92.86% than previous quarter

Overall: decreasing (8000.0%). Fluctuation: **Significant** (high variation).



The Q1 2023 - Q3 2023 analysis reveals significant negative trends and volatility. Liabilities and current assets on revenue both decreased sharply (-67.07% and -65.01%).  Although the ratio of retained earnings to revenue technically increased, it remained significantly negative (-64.16%).  Retained earnings on assets also declined (8.83%), and earnings per share plummeted (8000.0%).