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 70.29 (%).Trend:Increase 100.14% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 43.67 (%).Trend:Decrease 37.87% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 30.37 (%).Trend:Decrease 30.46% than previous quarter

Overall: decreasing (-56.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 151.84 (%).Trend:Increase 125.05% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 77.86 (%).Trend:Decrease 48.72% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 56.41 (%).Trend:Decrease 27.55% than previous quarter

Overall: decreasing (-62.85%). 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 9.57 (%).Trend:Increase 183.98% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 3.41 (%).Trend:Decrease 64.37% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -9.48 (%).Trend:Decrease 378.01% than previous quarter

Overall: decreasing (-199.06%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.28 (%).Trend:Increase 4.13% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.3 (%).Trend:Increase 0.05% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 39.44 (%).Trend:Increase 2.98% than previous quarter

Overall: increasing (3.03%). 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 2.98 (%).Trend:Increase 4.56% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 2.13 (%).Trend:Decrease 28.52% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -9.58 (%).Trend:Decrease 549.77% than previous quarter

Overall: decreasing (-421.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.05 (USD).Trend:Decrease 82.14% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.3 (USD).Trend:Increase 500.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -3.8 (USD).Trend:Increase 1166.67% than previous quarter

Overall: decreasing (7500.0%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2023 to Q3 2023 shows declining trends in several key metrics. Liabilities and current assets on revenue show significant declines in Q2 and Q3.  The ratio of retained earnings to revenue displays substantial decreases in Q2 and Q3, indicating a drop in profitability.  Investment efficiency, as measured by retained earnings on assets, also shows a steep decline in Q3 2023. Earnings per share display a negative downward trend.  The SG&A expense ratio, however, shows a slight increase, although the overall picture depicts decreasing trends across most crucial financial aspects.