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 101.52 (%).Trend:Increase 438.0% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.8 (%).Trend:Decrease 51.93% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 36.43 (%).Trend:Decrease 25.35% than previous quarter

Overall: decreasing (-64.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 134.89 (%).Trend:Increase 379.18% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 63.07 (%).Trend:Decrease 53.24% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 45.39 (%).Trend:Decrease 28.03% than previous quarter

Overall: decreasing (-66.35%). 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 -113.35 (%).Trend:Increase 1805.04% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -56.63 (%).Trend:Decrease 50.04% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -40.05 (%).Trend:Decrease 29.28% than previous quarter

Overall: increasing (-64.67%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.15 (%).Trend:Increase 35.29% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.02 (%).Trend:Increase 3.46% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.73 (%).Trend:Decrease 1.11% than previous quarter

Overall: increasing (2.31%). 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 -37.82 (%).Trend:Increase 461.13% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -39.17 (%).Trend:Increase 3.57% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -39.9 (%).Trend:Increase 1.86% than previous quarter

Overall: decreasing (5.5%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 to Q3 2023 indicate significant fluctuations.  Working capital efficiency exhibits a decreasing trend in both liabilities and current assets on revenue, despite an initial substantial increase. Cost efficiency shows a substantial downward trend in the ratio of retained earnings to revenue, demonstrating large fluctuations.  The SG&A expense ratio shows a slight overall increase in the period with little fluctuation. Investment efficiency shows a consistent negative trend in retained earnings on assets with substantial fluctuations.