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 130.37 (%).Trend:Increase 140.89% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 60.66 (%).Trend:Decrease 53.47% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 31.61 (%).Trend:Decrease 47.89% than previous quarter

Overall: decreasing (-75.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 310.73 (%).Trend:Decrease 15.08% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 116.46 (%).Trend:Decrease 62.52% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 55.55 (%).Trend:Decrease 52.3% than previous quarter

Overall: decreasing (-82.12%). 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 -42.16 (%).Trend:Decrease 4358.59% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -24.41 (%).Trend:Decrease 42.1% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -12.23 (%).Trend:Decrease 49.9% than previous quarter

Overall: increasing (-70.99%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 36.38 (%).Trend:Increase 5.54% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36.36 (%).Trend:Decrease 0.05% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 34.15 (%).Trend:Decrease 6.08% than previous quarter

Overall: decreasing (-6.13%). 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 -3.13 (%).Trend:Decrease 2186.67% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -3.98 (%).Trend:Increase 27.16% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -3.33 (%).Trend:Decrease 16.33% than previous quarter

Overall: decreasing (6.39%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 2023 to Q3 2023 reveal a pattern of declining performance across several key areas. Liabilities and current assets on revenue show substantial decreases, indicating potential cash flow problems.  Cost efficiency, especially the ratio of retained earnings to revenue, declines sharply. Investment efficiency demonstrates significant negative changes.  The Selling, General, and Administrative (SG&A) expense ratio shows minor variation, but the overall trend is negative.  The data indicates potential difficulties in maintaining profitability and operational stability.