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 74.44 (%).Trend:Increase 182.61% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.92 (%).Trend:Decrease 58.46% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 20.85 (%).Trend:Decrease 32.57% than previous quarter

Overall: decreasing (-71.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 340.22 (%).Trend:Increase 246.67% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 127.22 (%).Trend:Decrease 62.61% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 95.69 (%).Trend:Decrease 24.78% than previous quarter

Overall: decreasing (-71.87%). 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 -1358.18 (%).Trend:Increase 189.71% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -619.01 (%).Trend:Decrease 54.42% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -409.77 (%).Trend:Decrease 33.8% than previous quarter

Overall: increasing (-69.83%). 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 -176.38 (%).Trend:Decrease 7.36% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -167.57 (%).Trend:Decrease 4.99% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -160.09 (%).Trend:Decrease 4.46% than previous quarter

Overall: increasing (-9.24%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.16 (USD).Trend:Decrease 69.81% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.85 (USD).Trend:Increase 431.25% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.01 (USD).Trend:Increase 18.82% than previous quarter

Overall: increasing (531.25%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2023 to Q3 2023 show significant volatility in key metrics. Liabilities on revenue decrease significantly after a large initial increase, indicating substantial fluctuations in working capital. Current assets on revenue also display a volatile pattern of increases and decreases. Cost efficiency, measured by the ratio of retained earnings to revenue, shows a decreasing trend with significant variation. Investment efficiency, calculated as retained earnings on assets, shows a continued slight upward trend, despite considerable quarterly fluctuations. Earnings per share also show significant volatility, with large increases and decreases throughout the period.