Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 287.31 (%).Trend:Decrease 29.14% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 1008.82 (%).Trend:Increase 251.13% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 675.61 (%).Trend:Decrease 33.03% than previous quarter

Overall: increasing (135.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 812.69 (%).Trend:Decrease 42.53% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 2761.05 (%).Trend:Increase 239.74% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 1422.79 (%).Trend:Decrease 48.47% than previous quarter

Overall: increasing (75.07%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -4784.78 (%).Trend:Decrease 19.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -35000.0 (%).Trend:Increase 631.49% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -22918.42 (%).Trend:Decrease 34.52% than previous quarter

Overall: decreasing (378.99%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets -137.09 (%).Trend:Increase 13.61% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -303.86 (%).Trend:Increase 121.65% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -334.0 (%).Trend:Increase 9.92% than previous quarter

Overall: decreasing (143.64%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.26 (USD).Trend:Increase 44.44% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.83 (USD).Trend:Increase 219.23% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.68 (USD).Trend:Increase 102.41% than previous quarter

Overall: decreasing (546.15%). Fluctuation: **Significant** (high variation).



Financial performance from Quarter 3 2022 to Quarter 3 2023 reveals considerable volatility in key metrics. Liabilities and current assets on revenue both showed increases, but with significant fluctuation. Cost efficiency, as measured by the ratio of retained earnings to revenue, decreased substantially by 378.99%. Invest efficiency (retained earnings on assets) decreased by 143.64%. Earnings per share also decreased by 546.15%, all exhibiting substantial quarter-to-quarter variation.