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 64.33 (%).Trend:Increase 193.61% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.39 (%).Trend:Decrease 48.1% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.06 (%).Trend:Decrease 30.94% than previous quarter

Overall: decreasing (-64.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 86.51 (%).Trend:Increase 178.62% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 45.44 (%).Trend:Decrease 47.47% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 30.87 (%).Trend:Decrease 32.06% than previous quarter

Overall: decreasing (-64.32%). 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 60.24 (%).Trend:Increase 180.71% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 31.66 (%).Trend:Decrease 47.44% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 16.7 (%).Trend:Decrease 47.25% than previous quarter

Overall: decreasing (-72.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 44.44 (%).Trend:Increase 0.2% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 45.41 (%).Trend:Increase 2.18% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 45.9 (%).Trend:Increase 1.08% than previous quarter

Overall: increasing (3.29%). 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 14.65 (%).Trend:Increase 1.81% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 14.76 (%).Trend:Increase 0.75% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 11.94 (%).Trend:Decrease 19.11% than previous quarter

Overall: decreasing (-18.5%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 64.06% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.3 (USD).Trend:Increase 30.43% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.64 (USD).Trend:Decrease 313.33% than previous quarter

Overall: decreasing (-378.26%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2023 to Q3 2023 shows a consistent downward trend in key metrics. Liabilities on revenue and current assets on revenue decreased significantly over the period, suggesting a strain on working capital. Cost efficiency, measured by the ratio of retained earnings to revenue, also exhibits a considerable decline across the three quarters. This indicates a potential weakening in profitability.  Conversely, the selling, general, and administrative (SG&A) expense ratio shows a steady, modest increase, implying a stable operational cost structure. Invest efficiency, in terms of retained earnings on assets, also decreased during the period. Earnings per share also declined significantly, showing a pronounced negative trend. Overall, the company's financial performance seems to be weakening, demanding focused attention.