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 304.23 (%).Trend:Increase 346.87% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 114.27 (%).Trend:Decrease 62.44% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 63.35 (%).Trend:Decrease 44.56% than previous quarter

Overall: decreasing (-79.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 183.52 (%).Trend:Increase 77.3% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 74.03 (%).Trend:Decrease 59.66% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 51.76 (%).Trend:Decrease 30.08% than previous quarter

Overall: decreasing (-71.8%). 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 -272.03 (%).Trend:Increase 151.14% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -129.08 (%).Trend:Decrease 52.55% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -82.29 (%).Trend:Decrease 36.25% than previous quarter

Overall: increasing (-69.75%). Fluctuation: **Significant** (high variation).

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

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 -23.89 (%).Trend:Decrease 21.7% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -23.83 (%).Trend:Decrease 0.25% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -22.58 (%).Trend:Decrease 5.25% than previous quarter

Overall: increasing (-5.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.58 (USD).Trend:Decrease 55.38% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.22 (USD).Trend:Increase 110.34% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.93 (USD).Trend:Increase 58.2% than previous quarter

Overall: increasing (232.76%). Fluctuation: **Significant** (high variation).



Financial analysis from Q1 2023 to Q3 2023 reveals considerable volatility. Liabilities on revenue show a large increase in Q1, followed by decreases in Q2 and Q3.  Current assets on revenue also trend downward. Cost efficiency, represented by retained earnings/revenue ratios, displays a mostly negative trend but with fluctuation. Investment efficiency shows a slightly positive trend.  Earnings per share exhibit significant increases across the period.  Data's volatility suggests further analysis, including outlier identification.