Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 38.72 (%).Trend:Decrease 46.28% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 61.04 (%).Trend:Increase 57.64% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 48.43 (%).Trend:Decrease 20.66% than previous quarter

Overall: increasing (25.08%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 24.2 (%).Trend:Decrease 45.34% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 31.6 (%).Trend:Increase 30.58% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 26.69 (%).Trend:Decrease 15.54% than previous quarter

Overall: increasing (10.29%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -398.49 (%).Trend:Decrease 36.25% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -883.27 (%).Trend:Increase 121.65% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -609.51 (%).Trend:Decrease 30.99% than previous quarter

Overall: decreasing (52.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets -114.46 (%).Trend:Decrease 10.73% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -127.24 (%).Trend:Increase 11.17% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -140.84 (%).Trend:Increase 10.69% than previous quarter

Overall: decreasing (23.05%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.03 (USD).Trend:Decrease 123.08% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.15 (USD).Trend:Decrease 600.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.5 (USD).Trend:Increase 233.33% than previous quarter

Overall: decreasing (-1766.67%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q3 2023 reveals a mixed performance. Liabilities on revenue exhibited an overall increasing trend but with fluctuations. Current assets on revenue also saw an overall increase but significant fluctuations. Cost efficiency (retained earnings-to-revenue) displayed a negative overall trend. Investment efficiency remained consistently negative but with smaller fluctuations.  Earnings per share exhibited a considerable downtrend with significant fluctuations.