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 88.31 (%).Trend:Increase 243.22% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 50.08 (%).Trend:Decrease 43.29% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 26.66 (%).Trend:Decrease 46.77% than previous quarter

Overall: decreasing (-69.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 159.41 (%).Trend:Increase 214.6% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 86.1 (%).Trend:Decrease 45.99% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 50.35 (%).Trend:Decrease 41.52% than previous quarter

Overall: decreasing (-68.41%). 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 167.23 (%).Trend:Increase 147.27% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 71.09 (%).Trend:Decrease 57.49% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 10.29 (%).Trend:Decrease 85.53% than previous quarter

Overall: decreasing (-93.85%). 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 13.84 (%).Trend:Decrease 17.32% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 12.34 (%).Trend:Decrease 10.84% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 3.14 (%).Trend:Decrease 74.55% than previous quarter

Overall: decreasing (-77.31%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.12 (USD).Trend:Decrease 80.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.47 (USD).Trend:Increase 291.67% than previous quarter
Year 2023 Quarter 3: Earning Per Share -2.73 (USD).Trend:Increase 480.85% than previous quarter

Overall: decreasing (2175.0%). Fluctuation: **Significant** (high variation).



The analysis of Q1 2023 to Q3 2023 reveals a consistent downward trend across several key performance indicators. Liabilities on Revenue, Current Assets on Revenue, Ratio of Retained Earnings to Revenue, and Retained Earning on Assets all experienced significant decreases, marked by considerable volatility.  Earnings Per Share also significantly decreased, indicating potential financial distress. Data covers three quarters.