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 223.63 (%).Trend:Increase 309.65% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 119.92 (%).Trend:Decrease 46.38% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 61.5 (%).Trend:Decrease 48.72% than previous quarter

Overall: decreasing (-72.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 188.6 (%).Trend:Increase 255.31% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 98.02 (%).Trend:Decrease 48.03% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 52.06 (%).Trend:Decrease 46.89% than previous quarter

Overall: decreasing (-72.4%). 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 -2.86 (%).Trend:Decrease 145.11% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -6.67 (%).Trend:Increase 133.22% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -0.52 (%).Trend:Decrease 92.2% than previous quarter

Overall: increasing (-81.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.11 (%).Trend:Increase 33.04% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33.71 (%).Trend:Decrease 3.99% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.74 (%).Trend:Decrease 14.74% than previous quarter

Overall: decreasing (-18.14%). 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 -0.91 (%).Trend:Decrease 112.43% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -4.35 (%).Trend:Increase 378.02% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -0.62 (%).Trend:Decrease 85.75% than previous quarter

Overall: increasing (-31.87%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -2.0 (USD).Trend:Decrease 166.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share -5.0 (USD).Trend:Increase 150.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -2.0 (USD).Trend:Decrease 60.0% than previous quarter

Overall: stable (-0.0%). Fluctuation: **Significant** (high variation).



From Q1 2023 to Q3 2023, liabilities and current assets on revenue decreased significantly, showing substantial volatility.  The ratio of retained earnings to revenue also shows significant fluctuation, increasing before decreasing sharply. The SG&A expense ratio demonstrates relatively small fluctuations.  Retained earnings on assets and earnings per share exhibit substantial variation, with earnings per share remaining stable at a negative value over the period.