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 57.2 (%).Trend:Increase 195.61% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.48 (%).Trend:Decrease 46.71% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 17.58 (%).Trend:Decrease 42.32% than previous quarter

Overall: decreasing (-69.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 135.61 (%).Trend:Decrease 1.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 74.93 (%).Trend:Decrease 44.75% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 52.9 (%).Trend:Decrease 29.4% than previous quarter

Overall: decreasing (-60.99%). 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 78.97 (%).Trend:Increase 109.19% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 36.85 (%).Trend:Decrease 53.34% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 23.91 (%).Trend:Decrease 35.12% than previous quarter

Overall: decreasing (-69.72%). 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 5.3 (%).Trend:Decrease 21.36% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 4.94 (%).Trend:Decrease 6.79% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 4.9 (%).Trend:Decrease 0.81% than previous quarter

Overall: decreasing (-7.55%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.16 (USD).Trend:Increase 14.29% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.29 (USD).Trend:Increase 81.25% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.31 (USD).Trend:Increase 6.9% than previous quarter

Overall: decreasing (93.75%). Fluctuation: **Significant** (high variation).



Q1 to Q3 2023 financial performance data indicates substantial volatility. Liabilities on revenue decrease significantly across the three quarters, implying positive financial management. Current assets on revenue consistently decrease, indicating potential cash flow issues.  Cost efficiency, as indicated by the ratio of retained earnings to revenue, demonstrates a substantial negative trend throughout the period. Investment efficiency shows a modest decrease in retained earnings on assets.  Earnings per share are consistently negative and fluctuate substantially.