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 18.99 (%).Trend:Increase 285.98% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 10.77 (%).Trend:Decrease 43.29% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 5.21 (%).Trend:Decrease 51.62% than previous quarter

Overall: decreasing (-72.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 34.12 (%).Trend:Increase 290.39% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 17.1 (%).Trend:Decrease 49.88% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 9.09 (%).Trend:Decrease 46.84% than previous quarter

Overall: decreasing (-73.36%). 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 1.83 (%).Trend:Increase 94.68% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 0.87 (%).Trend:Decrease 52.46% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 0.36 (%).Trend:Decrease 58.62% than previous quarter

Overall: decreasing (-80.33%). 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 3.75 (%).Trend:Decrease 52.23% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 3.76 (%).Trend:Increase 0.27% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 2.83 (%).Trend:Decrease 24.73% than previous quarter

Overall: decreasing (-24.53%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.01 (USD).Trend:Decrease 93.33% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.07 (USD).Trend:Increase 600.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.08 (USD).Trend:Increase 14.29% than previous quarter

Overall: increasing (700.0%). Fluctuation: **Significant** (high variation).



Q1 to Q3 2023 financial data reveals significant volatility. Liabilities on revenue, and current assets on revenue both decreased, although with substantial fluctuations. Cost efficiency decreased considerably (-80.33%), while investment efficiency also declined (-24.53%).  Earnings per share, however, increased (700.0%).