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 187.81 (%).Trend:Increase 143.03% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 100.07 (%).Trend:Decrease 46.72% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 65.61 (%).Trend:Decrease 34.44% than previous quarter

Overall: decreasing (-65.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 131.65 (%).Trend:Increase 147.04% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 65.43 (%).Trend:Decrease 50.3% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 45.56 (%).Trend:Decrease 30.37% than previous quarter

Overall: decreasing (-65.39%). 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 -386.15 (%).Trend:Increase 206.27% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -176.04 (%).Trend:Decrease 54.41% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -119.47 (%).Trend:Decrease 32.13% than previous quarter

Overall: increasing (-69.06%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 48.25 (%).Trend:Decrease 7.37% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 48.91 (%).Trend:Increase 1.37% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 51.05 (%).Trend:Increase 4.38% than previous quarter

Overall: increasing (5.8%). 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 -44.92 (%).Trend:Increase 14.3% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -41.18 (%).Trend:Decrease 8.33% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -39.52 (%).Trend:Decrease 4.03% than previous quarter

Overall: increasing (-12.02%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 64.29% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.43 (USD).Trend:Increase 186.67% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.55 (USD).Trend:Increase 27.91% than previous quarter

Overall: increasing (266.67%). Fluctuation: **Significant** (high variation).



The financial statements from Q1 2023 to Q3 2023 show significant volatility across various financial metrics. Working capital efficiency indicators, liabilities and current assets on revenue, displayed substantial decreases. Cost efficiency, reflected in a declining ratio of retained earnings to revenue, exhibits a significant downward trend, while SG&A expense ratio shows a minor decrease.  Investment efficiency shows a slight downward trend with considerable variation.  Earnings per share demonstrate an increase in the second and third quarters of the period.