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 93.89 (%).Trend:Increase 203.65% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 43.16 (%).Trend:Decrease 54.03% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 39.72 (%).Trend:Decrease 7.97% than previous quarter

Overall: decreasing (-57.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 88.47 (%).Trend:Increase 223.36% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 41.03 (%).Trend:Decrease 53.62% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 26.27 (%).Trend:Decrease 35.97% than previous quarter

Overall: decreasing (-70.31%). 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 -490.33 (%).Trend:Increase 187.55% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -245.87 (%).Trend:Decrease 49.86% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -165.69 (%).Trend:Decrease 32.61% than previous quarter

Overall: increasing (-66.21%). 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 -62.75 (%).Trend:Increase 5.53% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -62.63 (%).Trend:Decrease 0.19% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -64.28 (%).Trend:Increase 2.63% than previous quarter

Overall: decreasing (2.44%). Fluctuation: **Significant** (high variation).

Earning Per Share


The analysis of Q1 2023 to Q3 2023 reveals significant downward trends in liabilities and current assets on revenue (-57.7% and -70.31% respectively), despite initial increases.  The ratio of retained earnings to revenue shows an improvement (-66.21%), although with large fluctuations.  Retained earnings on assets slightly decreased (2.44%), also demonstrating significant variability.