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 83.65 (%).Trend:Increase 185.59% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.43 (%).Trend:Decrease 50.47% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 28.14 (%).Trend:Decrease 32.08% than previous quarter

Overall: decreasing (-66.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 67.4 (%).Trend:Increase 196.65% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 35.92 (%).Trend:Decrease 46.71% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 23.25 (%).Trend:Decrease 35.27% than previous quarter

Overall: decreasing (-65.5%). 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 -147.86 (%).Trend:Increase 217.23% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -74.69 (%).Trend:Decrease 49.49% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -50.36 (%).Trend:Decrease 32.57% than previous quarter

Overall: increasing (-65.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.97 (%).Trend:Decrease 9.8% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.18 (%).Trend:Increase 0.78% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.55 (%).Trend:Increase 1.36% than previous quarter

Overall: increasing (2.15%). 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 -42.48 (%).Trend:Increase 2.14% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -43.42 (%).Trend:Increase 2.21% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -44.65 (%).Trend:Increase 2.83% than previous quarter

Overall: decreasing (5.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.07 (USD).Trend:Decrease 108.64% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.02 (USD).Trend:Decrease 128.57% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.04 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (-157.14%). Fluctuation: **Significant** (high variation).



Financial data from Q1 to Q3 of 2023 reveal significant volatility.  Both liabilities and current assets on revenue declined overall. The ratio of retained earnings to revenue, while showing significant quarter-to-quarter change, increased overall.  The Selling, General, and Administrative (SG&A) expense ratio trended upward slightly with minimal fluctuation.  Invest efficiency displayed a slight decrease in retained earnings on assets, exhibiting considerable variation. Earnings per share declined sharply throughout the three quarters.