Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 194.31 (%).Trend:Decrease 32.73% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 263.32 (%).Trend:Increase 35.52% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 174.94 (%).Trend:Decrease 33.56% than previous quarter

Overall: decreasing (-9.97%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 144.21 (%).Trend:Decrease 24.04% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 167.96 (%).Trend:Increase 16.47% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 129.85 (%).Trend:Decrease 22.69% than previous quarter

Overall: decreasing (-9.96%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -42.28 (%).Trend:Decrease 32.12% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -48.56 (%).Trend:Increase 14.85% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -29.46 (%).Trend:Decrease 39.33% than previous quarter

Overall: increasing (-30.32%). Fluctuation: **Significant** (high variation).

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

Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets -15.05 (%).Trend:Decrease 2.02% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -11.87 (%).Trend:Decrease 21.13% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -10.27 (%).Trend:Decrease 13.48% than previous quarter

Overall: increasing (-31.76%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -2.75 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.35 (USD).Trend:Decrease 112.73% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.7 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (-125.45%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q3 2023 show a mixed performance. Liabilities and current assets on revenue exhibit moderate overall decreases, with neutral fluctuations.  Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a significant increasing trend, though with high variation.  Investment efficiency (retained earnings on assets) also demonstrates a significant increasing trend, with high variability.  Earnings per share exhibit a notable increase with high variation.