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 64.28 (%).Trend:Increase 121.96% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 31.79 (%).Trend:Decrease 50.54% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 17.96 (%).Trend:Decrease 43.5% than previous quarter

Overall: decreasing (-72.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 230.42 (%).Trend:Increase 168.37% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 117.27 (%).Trend:Decrease 49.11% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 75.84 (%).Trend:Decrease 35.33% than previous quarter

Overall: decreasing (-67.09%). 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 -152.04 (%).Trend:Increase 135.98% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -72.55 (%).Trend:Decrease 52.28% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -45.66 (%).Trend:Decrease 37.06% than previous quarter

Overall: increasing (-69.97%). 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 -41.55 (%).Trend:Decrease 10.32% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -39.37 (%).Trend:Decrease 5.25% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -38.18 (%).Trend:Decrease 3.02% than previous quarter

Overall: increasing (-8.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 66.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.29 (USD).Trend:Increase 93.33% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.54 (USD).Trend:Increase 86.21% than previous quarter

Overall: increasing (260.0%). Fluctuation: **Significant** (high variation).



Q1-Q3 2023 data shows significant fluctuations. Liabilities and current assets on revenue decreased substantially after a sharp increase in Q1. The ratio of retained earnings to revenue improved, and retained earnings on assets also increased. Earnings per share, however, increased considerably over the three quarters. The significant changes necessitate in-depth analysis.