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 228.25 (%).Trend:Increase 176.43% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 115.8 (%).Trend:Decrease 49.27% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 78.09 (%).Trend:Decrease 32.56% than previous quarter

Overall: decreasing (-65.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 231.45 (%).Trend:Increase 192.79% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 117.5 (%).Trend:Decrease 49.23% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 79.75 (%).Trend:Decrease 32.13% than previous quarter

Overall: decreasing (-65.54%). 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 -248.95 (%).Trend:Increase 169.92% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -126.82 (%).Trend:Decrease 49.06% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -86.38 (%).Trend:Decrease 31.89% than previous quarter

Overall: increasing (-65.3%). 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 -56.93 (%).Trend:Decrease 2.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -57.57 (%).Trend:Increase 1.12% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -58.7 (%).Trend:Increase 1.96% than previous quarter

Overall: decreasing (3.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.14 (USD).Trend:Decrease 30.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.36 (USD).Trend:Increase 157.14% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.51 (USD).Trend:Increase 41.67% than previous quarter

Overall: decreasing (264.29%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2023 to Q3 2023 reveals significant volatility.  Working capital efficiency, measured by liabilities and current assets on revenue, shows decreasing trends with substantial quarter-to-quarter variation. Cost efficiency, tracked by the ratio of retained earnings to revenue, displays an increasing trend with large fluctuations. Investment efficiency, indicated by retained earnings on assets, shows a decreasing trend, but with significant quarterly variations. Earnings per share are also highly variable, trending downward.