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 87.88 (%).Trend:Increase 203.03% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 45.62 (%).Trend:Decrease 48.09% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 32.59 (%).Trend:Decrease 28.56% than previous quarter

Overall: decreasing (-62.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 173.23 (%).Trend:Increase 203.17% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 136.89 (%).Trend:Decrease 20.98% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 67.84 (%).Trend:Decrease 50.44% than previous quarter

Overall: decreasing (-60.84%). 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 -48.72 (%).Trend:Increase 111.09% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -18.77 (%).Trend:Decrease 61.47% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -21.26 (%).Trend:Increase 13.27% than previous quarter

Overall: increasing (-56.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.85 (%).Trend:Decrease 5.78% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.0 (%).Trend:Increase 0.72% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.7 (%).Trend:Decrease 1.43% than previous quarter

Overall: decreasing (-0.72%). 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 -5.47 (%).Trend:Decrease 26.68% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -3.9 (%).Trend:Decrease 28.7% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -7.34 (%).Trend:Increase 88.21% than previous quarter

Overall: decreasing (34.19%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 92.86% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.16 (USD).Trend:Increase 433.33% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.35 (USD).Trend:Increase 118.75% than previous quarter

Overall: increasing (1066.67%). Fluctuation: **Significant** (high variation).



Q1-Q3 2023 data shows significant volatility across multiple financial metrics.  Working capital efficiency is a concern, with both liabilities and current assets on revenue decreasing substantially.  Cost efficiency is mixed, with retained earnings showing improvement but significant fluctuation.  Investment efficiency is a cause for concern with decreasing retained earnings on assets but a substantial rise in earnings per share.