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 206.7 (%).Trend:Increase 161.08% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 95.65 (%).Trend:Decrease 53.73% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 57.58 (%).Trend:Decrease 39.8% than previous quarter

Overall: decreasing (-72.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 300.84 (%).Trend:Increase 200.72% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 122.89 (%).Trend:Decrease 59.15% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 79.18 (%).Trend:Decrease 35.57% than previous quarter

Overall: decreasing (-73.68%). 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 -3935.33 (%).Trend:Increase 504.61% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1654.97 (%).Trend:Decrease 57.95% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -1162.75 (%).Trend:Decrease 29.74% than previous quarter

Overall: increasing (-70.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 62.85 (%).Trend:Increase 38.1% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 54.05 (%).Trend:Decrease 14.0% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 54.03 (%).Trend:Decrease 0.04% than previous quarter

Overall: decreasing (-14.03%). 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 -570.38 (%).Trend:Increase 60.88% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -628.7 (%).Trend:Increase 10.22% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -684.93 (%).Trend:Increase 8.94% than previous quarter

Overall: decreasing (20.08%). Fluctuation: **Significant** (high variation).

Earning Per Share


The analysis covers Q1 2023 to Q3 2023.  Liabilities on revenue and current assets on revenue both decreased significantly (72.14% and 73.68% respectively) with substantial fluctuations. The ratio of retained earnings to revenue surprisingly increased (-70.45%), also displaying considerable volatility. The SG&A expense ratio decreased only slightly (-14.03%), showing little variation. Retained earnings on assets showed a 20.08% decrease and high volatility.