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 101.09 (%).Trend:Increase 182.53% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 78.59 (%).Trend:Decrease 22.26% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 32.8 (%).Trend:Decrease 58.26% than previous quarter

Overall: decreasing (-67.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 182.1 (%).Trend:Increase 168.94% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 114.47 (%).Trend:Decrease 37.14% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 52.31 (%).Trend:Decrease 54.3% than previous quarter

Overall: decreasing (-71.27%). 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 -231.56 (%).Trend:Increase 561.98% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -159.6 (%).Trend:Decrease 31.08% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -105.52 (%).Trend:Decrease 33.88% than previous quarter

Overall: increasing (-54.43%). 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 -55.68 (%).Trend:Increase 80.9% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -59.95 (%).Trend:Increase 7.67% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -71.1 (%).Trend:Increase 18.6% than previous quarter

Overall: decreasing (27.69%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q1 2023 to Q3 2023 reveals a trend of decreasing liabilities on revenue (from 101.09% to 32.8%).  Current assets on revenue also show a significant downward trend.  Cost efficiency, in terms of the ratio of retained earnings to revenue, shows an unusual pattern of a large initial increase followed by a series of decreasing values, indicating a volatile situation and a need for deeper investigation. Investment efficiency shows a similar negative trend with large variations, reflecting potentially considerable challenges in managing assets.