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 189.34 (%).Trend:Increase 518.35% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 66.25 (%).Trend:Decrease 65.01% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 42.31 (%).Trend:Decrease 36.14% than previous quarter

Overall: decreasing (-77.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 424.48 (%).Trend:Increase 209.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 173.65 (%).Trend:Decrease 59.09% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 100.76 (%).Trend:Decrease 41.98% than previous quarter

Overall: decreasing (-76.26%). 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 -2036.58 (%).Trend:Increase 233.11% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -850.01 (%).Trend:Decrease 58.26% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -499.93 (%).Trend:Decrease 41.19% than previous quarter

Overall: increasing (-75.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 85.46 (%).Trend:Increase 22.93% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 69.51 (%).Trend:Decrease 18.66% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 59.57 (%).Trend:Decrease 14.3% than previous quarter

Overall: decreasing (-30.29%). 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 -368.16 (%).Trend:Decrease 4.71% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -375.17 (%).Trend:Increase 1.9% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -391.54 (%).Trend:Increase 4.36% than previous quarter

Overall: decreasing (6.35%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1 2023 to Q3 2023 data reveals significant fluctuations across various metrics.  Liabilities on Revenue and Current assets on Revenue both decreased substantially (77.65% and 76.26% respectively).  The Ratio of Retained Earnings to Revenue increased by 75.45%, showing considerable volatility.  SG&A Expense Ratio decreased by 30.29% with moderate variation.  Retained Earning on Assets decreased by 6.35%, demonstrating high variation.