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 179.37 (%).Trend:Increase 331.49% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 69.53 (%).Trend:Decrease 61.24% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 46.31 (%).Trend:Decrease 33.4% than previous quarter

Overall: decreasing (-74.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 211.0 (%).Trend:Increase 292.92% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 88.68 (%).Trend:Decrease 57.97% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 50.39 (%).Trend:Decrease 43.18% than previous quarter

Overall: decreasing (-76.12%). 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 -6.66 (%).Trend:Increase 1347.83% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -0.53 (%).Trend:Decrease 92.04% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -25.43 (%).Trend:Increase 4698.11% than previous quarter

Overall: decreasing (281.83%). 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 -2.22 (%).Trend:Increase 303.64% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -0.4 (%).Trend:Decrease 81.98% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -31.52 (%).Trend:Increase 7780.0% than previous quarter

Overall: decreasing (1319.82%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.18 (USD).Trend:Decrease 55.05% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.58 (USD).Trend:Increase 64.22% than previous quarter
Year 2023 Quarter 3: Earning Per Share 5.23 (USD).Trend:Increase 46.09% than previous quarter

Overall: increasing (139.91%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2023 to Q3 2023 reveals significant volatility. Liabilities and current assets on revenue are decreasing, highlighting a possible shift in working capital efficiency.  Cost efficiency, indicated by the ratio of retained earnings to revenue, displays a considerable downward trend. Investment efficiency, as measured by retained earnings on assets, follows a similar negative trend.  Earnings per share show an upward trend with fluctuations.