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 200.39 (%).Trend:Increase 153.5% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 109.71 (%).Trend:Decrease 45.25% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 78.02 (%).Trend:Decrease 28.89% than previous quarter

Overall: decreasing (-61.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 278.33 (%).Trend:Increase 185.94% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 135.81 (%).Trend:Decrease 51.21% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 85.67 (%).Trend:Decrease 36.92% than previous quarter

Overall: decreasing (-69.22%). 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 -1268.66 (%).Trend:Increase 171.17% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -689.74 (%).Trend:Decrease 45.63% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -495.87 (%).Trend:Decrease 28.11% than previous quarter

Overall: increasing (-60.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 39.44 (%).Trend:Decrease 10.16% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40.39 (%).Trend:Increase 2.41% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 40.63 (%).Trend:Increase 0.59% than previous quarter

Overall: increasing (3.02%). 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 -173.78 (%).Trend:Increase 10.19% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -223.81 (%).Trend:Increase 28.79% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -248.26 (%).Trend:Increase 10.92% than previous quarter

Overall: decreasing (42.86%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -1.88 (USD).Trend:Decrease 65.38% than previous quarter
Year 2023 Quarter 2: Earning Per Share -4.55 (USD).Trend:Increase 142.02% than previous quarter
Year 2023 Quarter 3: Earning Per Share -6.31 (USD).Trend:Increase 38.68% than previous quarter

Overall: decreasing (235.64%). Fluctuation: **Significant** (high variation).



Q1 2023 to Q3 2023 data shows significant decreases in liabilities on revenue (-61.07%) and current assets on revenue (-69.22%). The ratio of retained earnings to revenue also decreased (-60.91%), but the SG&A expense ratio increased slightly (3.02%).  Retained earnings on assets decreased (-42.86%), and earnings per share decreased significantly (-235.64%). All showed significant fluctuation except SG&A.