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 296.52 (%).Trend:Increase 183.78% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 150.33 (%).Trend:Decrease 49.3% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 102.62 (%).Trend:Decrease 31.74% than previous quarter

Overall: decreasing (-65.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 450.68 (%).Trend:Increase 185.93% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 234.38 (%).Trend:Decrease 47.99% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 165.88 (%).Trend:Decrease 29.23% than previous quarter

Overall: decreasing (-63.19%). 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 -408.73 (%).Trend:Increase 180.97% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -205.23 (%).Trend:Decrease 49.79% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -137.24 (%).Trend:Decrease 33.13% than previous quarter

Overall: increasing (-66.42%). 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 -54.23 (%).Trend:Increase 0.93% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -53.75 (%).Trend:Decrease 0.89% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -52.7 (%).Trend:Decrease 1.95% than previous quarter

Overall: increasing (-2.82%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.22 (USD).Trend:Decrease 65.62% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.36 (USD).Trend:Increase 63.64% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.49 (USD).Trend:Increase 36.11% than previous quarter

Overall: decreasing (122.73%). Fluctuation: **Significant** (high variation).



The review of Q1 2023 to Q3 2023 highlights significant downward trends in liabilities and current assets on revenue, despite high volatility. The ratio of retained earnings to revenue showed an overall improvement, but with substantial fluctuations. Retained earnings on assets demonstrated a slight improvement.  Earnings per share experienced a dramatic decrease, suggesting considerable concern.