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 71.87 (%).Trend:Increase 248.21% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 36.08 (%).Trend:Decrease 49.8% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.5 (%).Trend:Decrease 34.87% than previous quarter

Overall: decreasing (-67.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 157.77 (%).Trend:Increase 194.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 78.25 (%).Trend:Decrease 50.4% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 51.3 (%).Trend:Decrease 34.44% than previous quarter

Overall: decreasing (-67.48%). 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 -200.94 (%).Trend:Increase 228.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -106.92 (%).Trend:Decrease 46.79% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -72.94 (%).Trend:Decrease 31.78% than previous quarter

Overall: increasing (-63.7%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.36 (%).Trend:Increase 2.57% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.57 (%).Trend:Decrease 7.63% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.51 (%).Trend:Decrease 0.63% than previous quarter

Overall: decreasing (-8.2%). 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 -46.66 (%).Trend:Increase 11.57% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -50.1 (%).Trend:Increase 7.37% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -52.78 (%).Trend:Increase 5.35% than previous quarter

Overall: decreasing (13.12%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.29 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.67 (USD).Trend:Increase 131.03% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.84 (USD).Trend:Increase 25.37% than previous quarter

Overall: decreasing (189.66%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 demonstrate significant fluctuations in various financial metrics. Working capital efficiency shows a substantial decrease in both liabilities and current assets on revenue, exhibiting significant variability. Cost efficiency, as measured by the ratio of retained earnings to revenue, indicates a surprising increasing trend but significant volatility.  SG&A expense ratios remain stable and decrease overall. Investment efficiency continues a consistent, albeit variable, decreasing trend. Earnings per share show a substantial decrease with considerable volatility. Overall, these financial results point towards significant challenges and instability in the company's performance.