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 70.43 (%).Trend:Increase 230.35% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 29.78 (%).Trend:Decrease 57.72% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.14 (%).Trend:Decrease 35.73% than previous quarter

Overall: decreasing (-72.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 86.85 (%).Trend:Increase 201.04% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 36.95 (%).Trend:Decrease 57.46% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 24.98 (%).Trend:Decrease 32.4% than previous quarter

Overall: decreasing (-71.24%). 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 5.64 (%).Trend:Increase 327.27% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 3.64 (%).Trend:Decrease 35.46% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -17.0 (%).Trend:Decrease 567.03% than previous quarter

Overall: decreasing (-401.42%). 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 0.79 (%).Trend:Increase 43.64% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.08 (%).Trend:Increase 36.71% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -8.42 (%).Trend:Decrease 879.63% than previous quarter

Overall: decreasing (-1165.82%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.11 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.2 (USD).Trend:Increase 81.82% than previous quarter
Year 2023 Quarter 3: Earning Per Share -3.15 (USD).Trend:Decrease 1675.0% than previous quarter

Overall: decreasing (-2963.64%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2023 data reveals substantial decreases across multiple key performance indicators, accompanied by significant fluctuations.  Liabilities on Revenue decreased by 72.82%, and current assets on revenue decreased by 71.24%. Ratio of Retained Earnings to Revenue and Retained Earning on Assets showed sharp declines (-401.42% and -1165.82%, respectively), indicating a significant deterioration in profitability and asset utilization. Earning per share also significantly decreased.