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 77.45 (%).Trend:Increase 234.85% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.64 (%).Trend:Decrease 60.44% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 20.98 (%).Trend:Decrease 31.53% than previous quarter

Overall: decreasing (-72.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 146.06 (%).Trend:Increase 270.05% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 69.59 (%).Trend:Decrease 52.36% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 46.24 (%).Trend:Decrease 33.55% than previous quarter

Overall: decreasing (-68.34%). 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 -15.91 (%).Trend:Increase 263.24% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -9.34 (%).Trend:Decrease 41.29% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -15.47 (%).Trend:Increase 65.63% than previous quarter

Overall: increasing (-2.77%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.1 (%).Trend:Increase 26.87% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.84 (%).Trend:Decrease 5.1% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.95 (%).Trend:Increase 2.27% than previous quarter

Overall: decreasing (-2.94%). 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 -5.07 (%).Trend:Increase 0.2% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -6.06 (%).Trend:Increase 19.53% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -16.05 (%).Trend:Increase 164.85% than previous quarter

Overall: decreasing (216.57%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.49 (USD).Trend:Increase 96.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.84 (USD).Trend:Increase 71.43% than previous quarter
Year 2023 Quarter 3: Earning Per Share -4.29 (USD).Trend:Increase 410.71% than previous quarter

Overall: decreasing (775.51%). Fluctuation: **Significant** (high variation).



Financial performance for Q1-Q3 2023 reveals significant volatility. Liabilities on revenue decreased from Q1 to Q3, but showed substantial increases in Q1.  Current assets on revenue also declined overall, though showing a sharp increase in Q1.  The ratio of retained earnings to revenue exhibited a net increase, despite marked quarterly fluctuations.  SG&A expense ratio slightly declined overall. Investment efficiency shows a significant decline in retained earnings on assets, demonstrating high variation.  Earnings per share exhibited a substantial downward trend with considerable fluctuations.