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 107.41 (%).Trend:Increase 170.76% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 72.74 (%).Trend:Decrease 32.28% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 53.77 (%).Trend:Decrease 26.08% than previous quarter

Overall: decreasing (-49.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 179.62 (%).Trend:Increase 149.61% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 98.35 (%).Trend:Decrease 45.25% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 70.63 (%).Trend:Decrease 28.19% than previous quarter

Overall: decreasing (-60.68%). 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 88.11 (%).Trend:Increase 78.94% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 41.43 (%).Trend:Decrease 52.98% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 26.44 (%).Trend:Decrease 36.18% than previous quarter

Overall: decreasing (-69.99%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.29 (%).Trend:Decrease 27.82% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.59 (%).Trend:Decrease 10.44% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.22 (%).Trend:Decrease 2.54% than previous quarter

Overall: decreasing (-12.71%). 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 5.78 (%).Trend:Decrease 17.19% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 5.54 (%).Trend:Decrease 4.15% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 5.28 (%).Trend:Decrease 4.69% than previous quarter

Overall: decreasing (-8.65%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.2 (USD).Trend:Decrease 63.64% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.19 (USD).Trend:Decrease 5.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.17 (USD).Trend:Decrease 10.53% than previous quarter

Overall: increasing (-15.0%). Fluctuation: **Significant** (high variation).



Financial data for Q1 2023 to Q3 2023 reveals considerable volatility across multiple financial metrics.  Liabilities and current assets as a percentage of revenue show significant, fluctuating decreases. Cost efficiency, specifically the SG&A ratio, displays a steady downward trend. However, the ratio of retained earnings to revenue shows highly variable downward movement. Investment efficiency maintains a consistent decreasing trend in retained earnings on assets. Earnings per share display significant decreases across the quarters, exhibiting high fluctuation.