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 130.66 (%).Trend:Increase 214.62% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 63.18 (%).Trend:Decrease 51.65% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 39.02 (%).Trend:Decrease 38.24% than previous quarter

Overall: decreasing (-70.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 199.57 (%).Trend:Increase 198.22% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 96.18 (%).Trend:Decrease 51.81% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 62.8 (%).Trend:Decrease 34.71% than previous quarter

Overall: decreasing (-68.53%). 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 53.1 (%).Trend:Increase 143.8% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 21.79 (%).Trend:Decrease 58.96% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 15.07 (%).Trend:Decrease 30.84% than previous quarter

Overall: decreasing (-71.62%). 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 19.29 (%).Trend:Decrease 18.09% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 16.88 (%).Trend:Decrease 12.49% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 18.08 (%).Trend:Increase 7.11% than previous quarter

Overall: decreasing (-6.27%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.12 (USD).Trend:Decrease 400.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.4 (USD).Trend:Increase 233.33% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.32 (USD).Trend:Decrease 20.0% than previous quarter

Overall: decreasing (166.67%). Fluctuation: **Significant** (high variation).



The data reveals significant volatility in key financial metrics. Liabilities and current assets on revenue decreased substantially, indicating potential working capital issues.  Cost efficiency, as measured by retained earnings to revenue, also declined sharply.  While retained earnings on assets showed minor decline, the negative earnings per share trend is alarming.  Further investigation is crucial to understand these fluctuations.