Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 36.95 (%).Trend:Decrease 31.57% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 56.16 (%).Trend:Increase 51.99% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 41.21 (%).Trend:Decrease 26.62% than previous quarter

Overall: increasing (11.53%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 75.36 (%).Trend:Decrease 30.59% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 110.44 (%).Trend:Increase 46.55% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 76.69 (%).Trend:Decrease 30.56% than previous quarter

Overall: increasing (1.76%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -838.37 (%).Trend:Decrease 35.15% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1269.97 (%).Trend:Increase 51.48% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -830.44 (%).Trend:Decrease 34.61% than previous quarter

Overall: increasing (-0.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 40.0 (%).Trend:Increase 2.75% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 43.74 (%).Trend:Increase 9.35% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 42.67 (%).Trend:Decrease 2.45% than previous quarter

Overall: increasing (6.68%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets -684.79 (%).Trend:Decrease 2.55% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -679.93 (%).Trend:Decrease 0.71% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -666.7 (%).Trend:Decrease 1.95% than previous quarter

Overall: increasing (-2.64%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.13 (USD).Trend:Decrease 7.14% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.08 (USD).Trend:Decrease 38.46% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.2 (USD).Trend:Increase 150.0% than previous quarter

Overall: increasing (53.85%). Fluctuation: **Significant** (high variation).



Between Q3 2022 and Q3 2023, liabilities on revenue increased by 11.53% with moderate fluctuation, and current assets on revenue increased by 1.76% with moderate fluctuation. The ratio of retained earnings to revenue increased by -0.95%, showing high variation. The SG&A expense ratio increased by 6.68% with low variation. Retained earnings on assets increased (-2.64%) with high variation, and earnings per share increased by 53.85% with high variation.