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 156.66 (%).Trend:Increase 310.75% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 83.35 (%).Trend:Decrease 46.8% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 52.4 (%).Trend:Decrease 37.13% than previous quarter

Overall: decreasing (-66.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 173.16 (%).Trend:Increase 230.02% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 82.58 (%).Trend:Decrease 52.31% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 50.31 (%).Trend:Decrease 39.08% than previous quarter

Overall: decreasing (-70.95%). 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 1.87 (%).Trend:Decrease 81.9% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -13.88 (%).Trend:Decrease 842.25% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -10.35 (%).Trend:Decrease 25.43% than previous quarter

Overall: decreasing (-653.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 39.73 (%).Trend:Increase 51.82% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 37.75 (%).Trend:Decrease 4.98% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 34.75 (%).Trend:Decrease 7.95% than previous quarter

Overall: decreasing (-12.53%). Fluctuation: **Little** (low 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 0.44 (%).Trend:Decrease 95.11% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -7.61 (%).Trend:Decrease 1829.55% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -9.47 (%).Trend:Increase 24.44% than previous quarter

Overall: decreasing (-2252.27%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -1.17 (USD).Trend:Decrease 250.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -2.71 (USD).Trend:Increase 131.62% than previous quarter
Year 2023 Quarter 3: Earning Per Share -3.01 (USD).Trend:Increase 11.07% than previous quarter

Overall: decreasing (157.26%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2023 to Q3 2023 reveals substantial volatility across key metrics. Working capital efficiency shows a decrease in liabilities and current assets, with significant variations.  Cost efficiency indicates a sharp decline in retained earnings to revenue ratios, posing concerns about profitability. SG&A expenses are decreasing. Investment efficiency illustrates a considerable decrease in retained earnings on assets. Earnings per share show a continued downward trend.  Overall, the data points to significant financial instability and possible declining profitability.