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 80.14 (%).Trend:Increase 215.26% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 38.65 (%).Trend:Decrease 51.77% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 27.9 (%).Trend:Decrease 27.81% than previous quarter

Overall: decreasing (-65.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 400.6 (%).Trend:Increase 158.24% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 181.02 (%).Trend:Decrease 54.81% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 106.87 (%).Trend:Decrease 40.96% than previous quarter

Overall: decreasing (-73.32%). 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 1.42 (%).Trend:Decrease 517.65% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 1.27 (%).Trend:Decrease 10.56% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -9.33 (%).Trend:Decrease 834.65% than previous quarter

Overall: decreasing (-757.04%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.14 (%).Trend:Increase 12.03% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.08 (%).Trend:Decrease 3.3% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 30.45 (%).Trend:Decrease 2.03% than previous quarter

Overall: decreasing (-5.26%). 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 0.18 (%).Trend:Decrease 228.57% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 0.36 (%).Trend:Increase 100.0% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -4.23 (%).Trend:Decrease 1275.0% than previous quarter

Overall: decreasing (-2450.0%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.12 (USD).Trend:Decrease 81.82% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.37 (USD).Trend:Increase 208.33% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.38 (USD).Trend:Increase 2.7% than previous quarter

Overall: increasing (216.67%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2023 reveals significant fluctuations across several key metrics. Liabilities and current assets on revenue decreased substantially.  The ratio of retained earnings to revenue experienced a dramatic decline. While SG&A expenses decreased slightly,  retained earnings on assets fell considerably.  However, earnings per share demonstrated a notable increase.