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 13.25 (%).Trend:Decrease 92.32% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 29.23 (%).Trend:Increase 120.6% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 38.57 (%).Trend:Increase 31.95% than previous quarter

Overall: increasing (191.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 201.11 (%).Trend:Decrease 41.89% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 181.66 (%).Trend:Decrease 9.67% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 163.76 (%).Trend:Decrease 9.85% than previous quarter

Overall: decreasing (-18.57%). Fluctuation: **Neutral** (moderate 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 -179.09 (%).Trend:Decrease 79.44% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -187.79 (%).Trend:Increase 4.86% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -198.57 (%).Trend:Increase 5.74% than previous quarter

Overall: decreasing (10.88%). 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 -80.14 (%).Trend:Decrease 60.47% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -92.45 (%).Trend:Increase 15.36% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -107.79 (%).Trend:Increase 16.59% than previous quarter

Overall: decreasing (34.5%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.0 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Decrease 33.33% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.0 (USD).Trend:Decrease 50.0% than previous quarter

Overall: decreasing (-66.67%). Fluctuation: **Significant** (high variation).



Q1-Q3 2023 data reveals significant volatility. Liabilities on revenue show a substantial increase (191.09%), contrasting with a moderate decrease (-18.57%) in current assets on revenue.  A concerning downward trend is evident in both the ratio of retained earnings to revenue (-10.88%) and retained earnings on assets (-34.5%), alongside a sharp decline in earnings per share (-66.67%).