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 45.81 (%).Trend:Increase 163.73% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 22.16 (%).Trend:Decrease 51.63% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 16.21 (%).Trend:Decrease 26.85% than previous quarter

Overall: decreasing (-64.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 101.79 (%).Trend:Increase 203.67% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 49.26 (%).Trend:Decrease 51.61% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 34.44 (%).Trend:Decrease 30.09% than previous quarter

Overall: decreasing (-66.17%). 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 128.55 (%).Trend:Increase 272.39% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 66.4 (%).Trend:Decrease 48.35% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 46.06 (%).Trend:Decrease 30.63% than previous quarter

Overall: decreasing (-64.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.03 (%).Trend:Increase 46.15% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.97 (%).Trend:Decrease 14.68% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.33 (%).Trend:Decrease 5.35% than previous quarter

Overall: decreasing (-19.24%). Fluctuation: **Neutral** (moderate 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 40.71 (%).Trend:Decrease 4.03% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 43.25 (%).Trend:Increase 6.24% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 45.37 (%).Trend:Increase 4.9% than previous quarter

Overall: increasing (11.45%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.06 (USD).Trend:Decrease 96.88% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.71 (USD).Trend:Increase 1083.33% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.68 (USD).Trend:Increase 136.62% than previous quarter

Overall: increasing (2700.0%). Fluctuation: **Significant** (high variation).



Financial data for Q1 2023 to Q3 2023 reveals substantial fluctuation. Liabilities and current assets on revenue decreased, while the ratio of retained earnings to revenue also declined, displaying high volatility.  The SG&A expense ratio shows a decrease across the three quarters, but the pattern is neutral.  Retained earnings on assets exhibit a pattern of consistent increase. Earnings per share, however, have drastic fluctuations, with large decreases and increases. The significant variation across almost all metrics points to a company experiencing short-term, significant, and potentially disruptive shifts.