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 68.0 (%).Trend:Increase 182.04% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 35.94 (%).Trend:Decrease 47.15% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.67 (%).Trend:Decrease 34.14% than previous quarter

Overall: decreasing (-65.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 62.26 (%).Trend:Increase 202.67% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 33.34 (%).Trend:Decrease 46.45% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 22.68 (%).Trend:Decrease 31.97% than previous quarter

Overall: decreasing (-63.57%). 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 -69.64 (%).Trend:Increase 161.61% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -34.52 (%).Trend:Decrease 50.43% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -23.57 (%).Trend:Decrease 31.72% than previous quarter

Overall: increasing (-66.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.96 (%).Trend:Decrease 0.99% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.62 (%).Trend:Increase 3.15% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.86 (%).Trend:Increase 1.11% than previous quarter

Overall: increasing (4.29%). 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 -70.82 (%).Trend:Decrease 10.34% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -66.13 (%).Trend:Decrease 6.62% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -66.62 (%).Trend:Increase 0.74% than previous quarter

Overall: increasing (-5.93%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.05 (USD).Trend:Decrease 50.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.1 (USD).Trend:Increase 100.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.01 (USD).Trend:Decrease 90.0% than previous quarter

Overall: decreasing (-80.0%). Fluctuation: **Significant** (high variation).



Q1-Q3 2023 data reveals significant fluctuations in working capital efficiency. Liabilities and current assets on revenue decreased substantially (-65.19% and -63.57%), respectively, with high variation.  The ratio of retained earnings to revenue showed an overall increase (-66.15%), again with significant fluctuation. The SG&A expense ratio increased slightly (4.29%) with low variation.  Retained earnings on assets increased slightly (-5.93%), demonstrating significant fluctuation, while earnings per share decreased (-80%) with high variation.