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 201.61 (%).Trend:Increase 190.67% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 87.09 (%).Trend:Decrease 56.8% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 60.04 (%).Trend:Decrease 31.06% than previous quarter

Overall: decreasing (-70.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 421.6 (%).Trend:Increase 250.6% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 175.09 (%).Trend:Decrease 58.47% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 113.1 (%).Trend:Decrease 35.4% than previous quarter

Overall: decreasing (-73.17%). 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 -2658.12 (%).Trend:Increase 266.53% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1201.82 (%).Trend:Decrease 54.79% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -781.75 (%).Trend:Decrease 34.95% than previous quarter

Overall: increasing (-70.59%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 56.01 (%).Trend:Increase 27.5% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 48.83 (%).Trend:Decrease 12.82% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 43.65 (%).Trend:Decrease 10.61% than previous quarter

Overall: decreasing (-22.07%). Fluctuation: **Neutral** (moderate 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 -488.56 (%).Trend:Increase 5.93% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -520.98 (%).Trend:Increase 6.64% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -506.83 (%).Trend:Decrease 2.72% than previous quarter

Overall: decreasing (3.74%). Fluctuation: **Significant** (high variation).

Earning Per Share


From Q1 2023 to Q3 2023, Liabilities on Revenue and Current Assets on Revenue decreased significantly, showing high variation.  The Ratio of Retained Earnings to Revenue also decreased significantly.  Conversely, the Selling, General & Administrative (SG&A) Expense Ratio decreased, but with moderate variation. Retained Earning on Assets decreased slightly with high variation.