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 159.66 (%).Trend:Increase 189.45% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 77.32 (%).Trend:Decrease 51.57% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 50.09 (%).Trend:Decrease 35.22% than previous quarter

Overall: decreasing (-68.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 477.33 (%).Trend:Increase 134.57% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 236.75 (%).Trend:Decrease 50.4% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 160.33 (%).Trend:Decrease 32.28% than previous quarter

Overall: decreasing (-66.41%). 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 -201.28 (%).Trend:Increase 183.45% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -99.49 (%).Trend:Decrease 50.57% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -61.65 (%).Trend:Decrease 38.03% than previous quarter

Overall: increasing (-69.37%). 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 -35.27 (%).Trend:Increase 17.33% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -35.22 (%).Trend:Decrease 0.14% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -32.39 (%).Trend:Decrease 8.04% than previous quarter

Overall: increasing (-8.17%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 123.21% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.1 (USD).Trend:Decrease 23.08% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.22 (USD).Trend:Increase 120.0% than previous quarter

Overall: increasing (69.23%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows a significant fluctuation in liabilities and current assets on revenue, both declining overall.  Cost efficiency, as measured by the ratio of retained earnings to revenue, is increasing, despite significant quarter-to-quarter variations.  Investment efficiency, as measured by retained earnings on assets, also shows significant fluctuation but is increasing overall.  Earnings per share saw a substantial decline in Q1 2023 before increasing sharply in Q3 2023.