Working Capital Efficiency
The data from Quater 1 in 2023 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 -74.39 (%).Trend:Increase 614.6% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -41.53 (%).Trend:Decrease 44.17% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -21.71 (%).Trend:Decrease 47.72% than previous quarter

Overall: increasing (-70.82%). 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 -2.53 (%).Trend:Increase 140.95% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -2.84 (%).Trend:Increase 12.25% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -2.27 (%).Trend:Decrease 20.07% than previous quarter

Overall: increasing (-10.28%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.16 (USD).Trend:Decrease 157.14% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.08 (USD).Trend:Decrease 50.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.23 (USD).Trend:Decrease 387.5% than previous quarter

Overall: increasing (-243.75%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1, Q2, and Q3 of 2023 reveals fluctuating yet overall improving trends in various financial ratios. The ratio of retained earnings to revenue exhibits significant increases and decreases, but in aggregate is trending upward.  Similarly, retained earnings on assets show an overall upward trend, while earnings per share show an increasing trend, though with notable volatility.