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 140.49 (%).Trend:Increase 218.57% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 63.36 (%).Trend:Decrease 54.9% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 41.25 (%).Trend:Decrease 34.9% than previous quarter

Overall: decreasing (-70.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 198.67 (%).Trend:Increase 201.15% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 95.71 (%).Trend:Decrease 51.82% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 64.78 (%).Trend:Decrease 32.32% than previous quarter

Overall: decreasing (-67.39%). 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 41.62 (%).Trend:Increase 145.69% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 23.08 (%).Trend:Decrease 44.55% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 5.66 (%).Trend:Decrease 75.48% than previous quarter

Overall: decreasing (-86.4%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 42.54 (%).Trend:Increase 5.32% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 41.48 (%).Trend:Decrease 2.49% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 40.77 (%).Trend:Decrease 1.71% than previous quarter

Overall: decreasing (-4.16%). 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 5.3 (%).Trend:Decrease 19.94% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 6.05 (%).Trend:Increase 14.15% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 2.32 (%).Trend:Decrease 61.65% than previous quarter

Overall: decreasing (-56.23%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.09 (USD).Trend:Decrease 97.93% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.31 (USD).Trend:Decrease 444.44% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.94 (USD).Trend:Decrease 403.23% than previous quarter

Overall: decreasing (944.44%). Fluctuation: **Significant** (high variation).



Analyzing Q1-Q3 2023 data shows substantial decreases in Liabilities on Revenue, Current Assets on Revenue, Ratio of Retained Earnings to Revenue, and Retained Earning on Assets; all metrics display significant volatility. Conversely, the SG&A Expense Ratio demonstrates a minor decrease with low variability. Earnings Per Share experienced a drastic drop.