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 195.02 (%).Trend:Increase 330.03% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.86 (%).Trend:Decrease 78.54% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 30.71 (%).Trend:Decrease 26.64% than previous quarter

Overall: decreasing (-84.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 1769.08 (%).Trend:Increase 920.52% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 744.08 (%).Trend:Decrease 57.94% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 472.96 (%).Trend:Decrease 36.44% than previous quarter

Overall: decreasing (-73.27%). 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 -2021.37 (%).Trend:Increase 996.72% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -881.83 (%).Trend:Decrease 56.37% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -526.81 (%).Trend:Decrease 40.26% than previous quarter

Overall: increasing (-73.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 77.88 (%).Trend:Increase 317.59% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 68.69 (%).Trend:Decrease 11.8% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 63.2 (%).Trend:Decrease 7.99% than previous quarter

Overall: decreasing (-18.85%). Fluctuation: **Neutral** (moderate 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 -97.79 (%).Trend:Decrease 1.48% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -100.93 (%).Trend:Increase 3.21% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -95.67 (%).Trend:Decrease 5.21% than previous quarter

Overall: increasing (-2.17%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance for Q1-Q3 2023 reveals significant volatility across key metrics. Liabilities on revenue decreased substantially but with considerable swings quarter-over-quarter.  Current assets on revenue also declined sharply with large fluctuations.  Cost efficiency, as gauged by the retained earnings-to-revenue ratio, increased in a negative sense over the period but also experienced substantial variations. Selling, general, and administrative (SG&A) expenses decreased, but with less drastic quarter-to-quarter changes.  Investment efficiency, assessed via retained earnings on assets, showed a slight overall positive trend, albeit with considerable quarter-to-quarter fluctuations.