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 90.05 (%).Trend:Increase 207.86% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 43.92 (%).Trend:Decrease 51.23% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 28.02 (%).Trend:Decrease 36.2% than previous quarter

Overall: decreasing (-68.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 175.36 (%).Trend:Increase 234.98% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 87.37 (%).Trend:Decrease 50.18% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 58.24 (%).Trend:Decrease 33.34% than previous quarter

Overall: decreasing (-66.79%). 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 -174.81 (%).Trend:Increase 404.79% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -91.82 (%).Trend:Decrease 47.47% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -80.22 (%).Trend:Decrease 12.63% than previous quarter

Overall: increasing (-54.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.17 (%).Trend:Increase 7.69% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.22 (%).Trend:Increase 0.38% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.55 (%).Trend:Increase 2.5% than previous quarter

Overall: increasing (2.89%). 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 -30.86 (%).Trend:Increase 64.5% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -32.23 (%).Trend:Increase 4.44% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -43.99 (%).Trend:Increase 36.49% than previous quarter

Overall: decreasing (42.55%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.06 (USD).Trend:Decrease 94.39% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.61 (USD).Trend:Increase 916.67% than previous quarter
Year 2023 Quarter 3: Earning Per Share -4.62 (USD).Trend:Increase 657.38% than previous quarter

Overall: decreasing (7600.0%). Fluctuation: **Significant** (high variation).



From Q1 2023 to Q3 2023, working capital efficiency metrics (liabilities and current assets on revenue) decreased significantly with high variability.  The ratio of retained earnings to revenue improved, although fluctuation remained high. SG&A expense ratio showed a small increase and low variation.  Investment efficiency, represented by retained earnings on assets, declined significantly. Earnings per share also decreased substantially, indicating significant financial instability.