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 126.57 (%).Trend:Increase 113.55% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 89.99 (%).Trend:Decrease 28.9% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 57.89 (%).Trend:Decrease 35.67% than previous quarter

Overall: decreasing (-54.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 69.3 (%).Trend:Increase 194.39% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 43.54 (%).Trend:Decrease 37.17% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 47.21 (%).Trend:Increase 8.43% than previous quarter

Overall: decreasing (-31.88%). Fluctuation: **Neutral** (moderate 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 27.12 (%).Trend:Decrease 33.22% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 1.78 (%).Trend:Decrease 93.44% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -11.15 (%).Trend:Decrease 726.4% than previous quarter

Overall: decreasing (-141.11%). 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 3.44 (%).Trend:Decrease 72.41% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 0.45 (%).Trend:Decrease 86.92% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -4.45 (%).Trend:Decrease 1088.89% than previous quarter

Overall: decreasing (-229.36%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.25 (USD).Trend:Decrease 86.56% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.16 (USD).Trend:Increase 364.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -2.35 (USD).Trend:Increase 102.59% than previous quarter

Overall: decreasing (840.0%). Fluctuation: **Significant** (high variation).



From Q1 2023 to Q3 2023, liabilities on revenue decreased significantly (-54.26%), while current assets on revenue decreased less significantly (-31.88%).  The ratio of retained earnings to revenue drastically decreased (-141.11%), and retained earnings on assets also decreased sharply (-229.36%), both demonstrating significant fluctuations.  Earnings per share decreased (840%), exhibiting significant variability.