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 228.25 (%).Trend:Increase 176.43% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 115.8 (%).Trend:Decrease 49.27% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 78.09 (%).Trend:Decrease 32.56% than previous quarter

Overall: decreasing (-65.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 231.45 (%).Trend:Increase 192.79% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 117.5 (%).Trend:Decrease 49.23% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 79.75 (%).Trend:Decrease 32.13% than previous quarter

Overall: decreasing (-65.54%). 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 -248.95 (%).Trend:Increase 169.92% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -126.82 (%).Trend:Decrease 49.06% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -86.38 (%).Trend:Decrease 31.89% than previous quarter

Overall: increasing (-65.3%). Fluctuation: **Significant** (high variation).

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

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 -56.93 (%).Trend:Decrease 2.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -57.57 (%).Trend:Increase 1.12% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -58.7 (%).Trend:Increase 1.96% than previous quarter

Overall: decreasing (3.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.14 (USD).Trend:Decrease 30.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.36 (USD).Trend:Increase 157.14% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.51 (USD).Trend:Increase 41.67% than previous quarter

Overall: decreasing (264.29%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2023 to Q3 2023 shows significant volatility across key metrics.  Working capital efficiency, measured by liabilities and current assets on revenue, exhibits a decreasing trend with large fluctuations. Cost efficiency, represented by the ratio of retained earnings to revenue, displays an increasing trend with significant quarterly variations. Investment efficiency, measured by retained earnings on assets, shows a decreasing trend with pronounced fluctuations. Earnings per share are also highly variable, trending downward.