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 92.97 (%).Trend:Increase 216.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 50.48 (%).Trend:Decrease 45.7% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 33.84 (%).Trend:Decrease 32.96% than previous quarter

Overall: decreasing (-63.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 480.74 (%).Trend:Increase 196.52% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 244.52 (%).Trend:Decrease 49.14% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 160.73 (%).Trend:Decrease 34.27% than previous quarter

Overall: decreasing (-66.57%). 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 -627.6 (%).Trend:Increase 240.33% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -345.55 (%).Trend:Decrease 44.94% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -248.75 (%).Trend:Decrease 28.01% than previous quarter

Overall: increasing (-60.36%). 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 -91.8 (%).Trend:Increase 13.22% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -99.04 (%).Trend:Increase 7.89% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -106.59 (%).Trend:Increase 7.62% than previous quarter

Overall: decreasing (16.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.44 (USD).Trend:Decrease 59.63% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.91 (USD).Trend:Increase 106.82% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.34 (USD).Trend:Increase 47.25% than previous quarter

Overall: decreasing (204.55%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2023 reveals significant fluctuations across key metrics. Liabilities on revenue decreased by 63.6%, while current assets on revenue dropped by 66.57%.  Ratio of retained earnings to revenue showed a net increase of -60.36%, indicating losses. Retained earnings on assets decreased by 16.11%, and earnings per share plummeted by 204.55%, all highlighting substantial volatility.