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 132.92 (%).Trend:Increase 331.28% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 64.04 (%).Trend:Decrease 51.82% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 54.54 (%).Trend:Decrease 14.83% than previous quarter

Overall: decreasing (-58.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 242.8 (%).Trend:Increase 277.37% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 122.48 (%).Trend:Decrease 49.56% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 87.94 (%).Trend:Decrease 28.2% than previous quarter

Overall: decreasing (-63.78%). 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 245.1 (%).Trend:Increase 300.16% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 127.3 (%).Trend:Decrease 48.06% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 84.38 (%).Trend:Decrease 33.72% than previous quarter

Overall: decreasing (-65.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.61 (%).Trend:Increase 10.72% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.26 (%).Trend:Increase 9.83% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.66 (%).Trend:Increase 5.51% than previous quarter

Overall: increasing (15.89%). 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 35.65 (%).Trend:Increase 4.85% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 34.78 (%).Trend:Decrease 2.44% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 32.36 (%).Trend:Decrease 6.96% than previous quarter

Overall: decreasing (-9.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.09 (USD).Trend:Decrease 97.66% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.32 (USD).Trend:Decrease 1566.67% than previous quarter
Year 2023 Quarter 3: Earning Per Share -3.14 (USD).Trend:Increase 137.88% than previous quarter

Overall: decreasing (-3588.89%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2023-Q3 2023 shows sharp declines in Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue, marked by significant volatility.  In contrast, the Selling, General & Administrative (SG&A) Expense Ratio increased gradually with minimal fluctuation.  Retained Earning on Assets exhibited a minor decline.  Earning Per Share experienced an exceptionally large decrease.  The data includes three quarters.