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 127.03 (%).Trend:Increase 237.85% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 61.7 (%).Trend:Decrease 51.43% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 36.96 (%).Trend:Decrease 40.1% than previous quarter

Overall: decreasing (-70.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 668.29 (%).Trend:Increase 213.03% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 314.68 (%).Trend:Decrease 52.91% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 198.2 (%).Trend:Decrease 37.02% than previous quarter

Overall: decreasing (-70.34%). 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 -637.92 (%).Trend:Increase 259.9% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -321.64 (%).Trend:Decrease 49.58% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -218.1 (%).Trend:Decrease 32.19% than previous quarter

Overall: increasing (-65.81%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 48.08 (%).Trend:Increase 5.12% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 47.01 (%).Trend:Decrease 2.23% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 40.36 (%).Trend:Decrease 14.15% than previous quarter

Overall: decreasing (-16.06%). 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 -53.62 (%).Trend:Increase 6.83% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -56.04 (%).Trend:Increase 4.51% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -58.44 (%).Trend:Increase 4.28% than previous quarter

Overall: decreasing (8.99%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.23 (USD).Trend:Decrease 70.13% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.45 (USD).Trend:Increase 95.65% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.54 (USD).Trend:Increase 20.0% than previous quarter

Overall: decreasing (134.78%). Fluctuation: **Significant** (high variation).



Financial data from Q1 to Q3 2023 show a general decline in working capital efficiency, with large fluctuations in liabilities and current assets on revenue.  Cost efficiency displays an overall increase in the ratio of retained earnings to revenue but is highly volatile. SG&A expense ratios show a mild overall decrease. Investment efficiency and earnings per share demonstrate a clear downward trend with significant variability.