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 1391.97 (%).Trend:Increase 243.08% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 789.84 (%).Trend:Decrease 43.26% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 318.94 (%).Trend:Decrease 59.62% than previous quarter

Overall: decreasing (-77.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 4405.32 (%).Trend:Increase 118.24% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 2871.78 (%).Trend:Decrease 34.81% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 1096.3 (%).Trend:Decrease 61.83% than previous quarter

Overall: decreasing (-75.11%). 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 -9678.84 (%).Trend:Increase 125.66% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -5557.64 (%).Trend:Decrease 42.58% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -2707.12 (%).Trend:Decrease 51.29% than previous quarter

Overall: increasing (-72.03%). 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 -188.49 (%).Trend:Increase 3.71% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -170.27 (%).Trend:Decrease 9.67% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -209.99 (%).Trend:Increase 23.33% than previous quarter

Overall: decreasing (11.41%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.27 (USD).Trend:Decrease 67.47% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.49 (USD).Trend:Increase 81.48% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.64 (USD).Trend:Increase 30.61% than previous quarter

Overall: decreasing (137.04%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 show significant fluctuations across key metrics. Working capital efficiency, as measured by liabilities and current assets on revenue, reveals decreasing trends with high volatility. Cost efficiency, as measured by the ratio of retained earnings to revenue, demonstrates a fluctuating increase despite significant variability. Investment efficiency, as indicated by retained earnings on assets, displays a decreasing trend and significant variations. Earning per share also displays a declining trend with significant changes across quarters.