Loss = 650000

Revenue from sales = 23000000

No profit margin.

Assets = 48350000
Loss = 650000
Negative return on assets

Revenue from sales = 23000000

Assets = 48350000
Asset turnover = 2.102

Equity = 39350000
Loss = 650000
Negative return on equity

Seeing that the company incurred loss but good asset turnover,
I will not invest in the company as of now.

However, if the company earns profit in addition to good asset

turnover, I might invest in the company later. We should consider
here that the company has begun its business in this year itself.