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 189.34 (%).Trend:Increase 518.35% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 66.25 (%).Trend:Decrease 65.01% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 42.31 (%).Trend:Decrease 36.14% than previous quarter

Overall: decreasing (-77.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 424.48 (%).Trend:Increase 209.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 173.65 (%).Trend:Decrease 59.09% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 100.76 (%).Trend:Decrease 41.98% than previous quarter

Overall: decreasing (-76.26%). 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 -2036.58 (%).Trend:Increase 233.11% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -850.01 (%).Trend:Decrease 58.26% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -499.93 (%).Trend:Decrease 41.19% than previous quarter

Overall: increasing (-75.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 85.46 (%).Trend:Increase 22.93% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 69.51 (%).Trend:Decrease 18.66% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 59.57 (%).Trend:Decrease 14.3% than previous quarter

Overall: decreasing (-30.29%). Fluctuation: **Neutral** (moderate 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 -368.16 (%).Trend:Decrease 4.71% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -375.17 (%).Trend:Increase 1.9% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -391.54 (%).Trend:Increase 4.36% than previous quarter

Overall: decreasing (6.35%). Fluctuation: **Significant** (high variation).

Earning Per Share


From Q1 2023 to Q3 2023, significant fluctuations were observed in key financial ratios.  Liabilities on Revenue decreased by 77.65%, and Current assets on Revenue decreased by 76.26%.  Ratio of Retained Earnings to Revenue increased by 75.45%, indicating substantial volatility.  SG&A Expense Ratio showed a decrease of 30.29% with moderate fluctuation.  Retained Earning on Assets exhibited a decrease of 6.35% and significant variation.