Working Capital Efficiency
The data from Quater 1 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 1: Liabilities on Revenue 199.53 (%).Trend:Increase 217.02% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 87.44 (%).Trend:Decrease 56.18% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 58.25 (%).Trend:Decrease 33.38% than previous quarter

Overall: decreasing (-70.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 1: Current assets on Revenue 347.45 (%).Trend:Increase 220.11% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 159.5 (%).Trend:Decrease 54.09% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 104.13 (%).Trend:Decrease 34.71% than previous quarter

Overall: decreasing (-70.03%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 1: Ratio of Retained Earnings to Revenue -516.07 (%).Trend:Increase 237.54% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -236.77 (%).Trend:Decrease 54.12% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -151.7 (%).Trend:Decrease 35.93% than previous quarter

Overall: increasing (-70.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 1 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 1: Retained Earning on Assets -106.78 (%).Trend:Increase 2.5% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -106.7 (%).Trend:Decrease 0.07% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -105.02 (%).Trend:Decrease 1.57% than previous quarter

Overall: increasing (-1.65%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 1: Earning Per Share -0.06 (USD).Trend:Increase 200.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.08 (USD).Trend:Increase 33.33% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.07 (USD).Trend:Decrease 12.5% than previous quarter

Overall: decreasing (16.67%). Fluctuation: **Significant** (high variation).



Financial data for Q1 2022 to Q3 2023 demonstrates significant volatility in key financial metrics.  Liabilities and current assets relative to revenue both decreased.  Cost efficiency, measured by the retained earnings-to-revenue ratio, showed a large overall decrease but with significant quarter-to-quarter variations. Investment efficiency, based on retained earnings on assets, demonstrates a slight decrease. Earnings per share continued a downward trend with notable changes in each quarter.