Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 38.72 (%).Trend:Decrease 46.28% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 61.04 (%).Trend:Increase 57.64% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 48.43 (%).Trend:Decrease 20.66% than previous quarter

Overall: increasing (25.08%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 24.2 (%).Trend:Decrease 45.34% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 31.6 (%).Trend:Increase 30.58% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 26.69 (%).Trend:Decrease 15.54% than previous quarter

Overall: increasing (10.29%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -398.49 (%).Trend:Decrease 36.25% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -883.27 (%).Trend:Increase 121.65% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -609.51 (%).Trend:Decrease 30.99% than previous quarter

Overall: decreasing (52.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets -114.46 (%).Trend:Decrease 10.73% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -127.24 (%).Trend:Increase 11.17% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -140.84 (%).Trend:Increase 10.69% than previous quarter

Overall: decreasing (23.05%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.03 (USD).Trend:Decrease 123.08% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.15 (USD).Trend:Decrease 600.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.5 (USD).Trend:Increase 233.33% than previous quarter

Overall: decreasing (-1766.67%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows fluctuating trends in liabilities and current assets on revenue. Liabilities on revenue decreased in Q3 2022, increased in Q2 2023, and then decreased again in Q3 2023.  Current assets on revenue decreased in Q3 2022, increased in Q2 2023, and decreased again in Q3 2023.  Cost efficiency shows a significant decreasing trend in the ratio of retained earnings to revenue, with substantial fluctuation. Invest efficiency also displays a significant decreasing trend in retained earnings on assets, with high variation. Earning per share shows a substantial decrease across all quarters. Overall, financial performance shows decreasing trends in most key metrics, with significant fluctuation.