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 1630.61 (%).Trend:Increase 1874.58% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 1197.39 (%).Trend:Decrease 26.57% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 1326.78 (%).Trend:Increase 10.81% than previous quarter

Overall: decreasing (-18.63%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 14754.58 (%).Trend:Increase 1445.6% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 10703.92 (%).Trend:Decrease 27.45% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 9583.75 (%).Trend:Decrease 10.47% than previous quarter

Overall: decreasing (-35.05%). 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 -36852.37 (%).Trend:Increase 2256.53% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -32846.72 (%).Trend:Decrease 10.87% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -34141.35 (%).Trend:Increase 3.94% than previous quarter

Overall: increasing (-7.36%). 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 -191.05 (%).Trend:Increase 41.91% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -230.8 (%).Trend:Increase 20.81% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -270.05 (%).Trend:Increase 17.01% than previous quarter

Overall: decreasing (41.35%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -1.0 (USD).Trend:Decrease 50.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -4.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (300.0%). Fluctuation: **Significant** (high variation).



From Q1 2023 to Q3 2023, liabilities on revenue decreased overall by 18.63%, while current assets on revenue decreased by 35.05%, both showing moderate fluctuation.  The ratio of retained earnings to revenue increased by -7.36% with high variation. Retained earnings on assets decreased by 41.35%, and earnings per share decreased by 300%, both exhibiting significant fluctuation.