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 130.41 (%).Trend:Increase 218.54% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 73.62 (%).Trend:Decrease 43.55% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 47.38 (%).Trend:Decrease 35.64% than previous quarter

Overall: decreasing (-63.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 45.71 (%).Trend:Increase 197.59% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 23.65 (%).Trend:Decrease 48.26% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 15.62 (%).Trend:Decrease 33.95% than previous quarter

Overall: decreasing (-65.83%). 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 -151.77 (%).Trend:Increase 182.57% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -70.89 (%).Trend:Decrease 53.29% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -43.42 (%).Trend:Decrease 38.75% than previous quarter

Overall: increasing (-71.39%). 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 -32.47 (%).Trend:Decrease 9.5% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -30.91 (%).Trend:Decrease 4.8% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -28.57 (%).Trend:Decrease 7.57% than previous quarter

Overall: increasing (-12.01%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.06 (USD).Trend:Decrease 72.73% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.14 (USD).Trend:Increase 133.33% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.23 (USD).Trend:Increase 64.29% than previous quarter

Overall: increasing (283.33%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2023 shows considerable volatility. Liabilities on revenue and current assets on revenue both decreased over the period, highlighting a trend of working capital improvement, however with high fluctuation. Cost efficiency indicated a sharp initial increase in the retained earnings to revenue ratio, followed by a decrease, overall representing a negative trend with significant fluctuation. Invest efficiency reveals a slight increase in retained earnings on assets with significant quarter-to-quarter fluctuations.  Earnings per share increased substantially during the period, suggesting positive financial performance.