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 295.91% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 55.27 (%).Trend:Decrease 48.54% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 48.97 (%).Trend:Decrease 11.4% than previous quarter

Overall: decreasing (-54.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 306.51 (%).Trend:Increase 181.0% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 153.34 (%).Trend:Decrease 49.97% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 119.05 (%).Trend:Decrease 22.36% than previous quarter

Overall: decreasing (-61.16%). 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 -22414.06 (%).Trend:Increase 208.54% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -11694.17 (%).Trend:Decrease 47.83% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -8260.01 (%).Trend:Decrease 29.37% than previous quarter

Overall: increasing (-63.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.85 (%).Trend:Decrease 8.04% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.62 (%).Trend:Increase 10.72% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.7 (%).Trend:Increase 3.77% than previous quarter

Overall: increasing (14.89%). 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 -3939.06 (%).Trend:Increase 6.39% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -3804.44 (%).Trend:Decrease 3.42% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -3629.43 (%).Trend:Decrease 4.6% than previous quarter

Overall: increasing (-7.86%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.14 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.18 (USD).Trend:Increase 28.57% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.11 (USD).Trend:Decrease 38.89% than previous quarter

Overall: decreasing (-21.43%). Fluctuation: **Neutral** (moderate variation).



Q1 2023 to Q3 2023 data shows a significant overall decrease in liabilities on revenue (-54.41%) and current assets on revenue (-61.16%), both exhibiting high volatility. The ratio of retained earnings to revenue increased (-63.15%), again with substantial fluctuation. The SG&A expense ratio increased (14.89%) with low variation. Retained earnings on assets increased (-7.86%) with significant fluctuation.  Earnings per share decreased (-21.43%).