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 188.23 (%).Trend:Increase 44.22% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 108.0 (%).Trend:Decrease 42.62% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 82.3 (%).Trend:Decrease 23.8% than previous quarter

Overall: decreasing (-56.28%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 272.2 (%).Trend:Increase 35.25% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 150.62 (%).Trend:Decrease 44.67% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 116.71 (%).Trend:Decrease 22.51% than previous quarter

Overall: decreasing (-57.12%). 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 -520.85 (%).Trend:Increase 81.54% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -308.96 (%).Trend:Decrease 40.68% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -225.52 (%).Trend:Decrease 27.01% than previous quarter

Overall: increasing (-56.7%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 39.9 (%).Trend:Decrease 27.36% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 43.39 (%).Trend:Increase 8.75% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 47.0 (%).Trend:Increase 8.32% than previous quarter

Overall: increasing (17.79%). 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 -57.88 (%).Trend:Increase 8.61% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -60.13 (%).Trend:Increase 3.89% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -58.69 (%).Trend:Decrease 2.39% than previous quarter

Overall: decreasing (1.4%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.04 (USD).Trend:Decrease 110.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.33 (USD).Trend:Increase 725.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.33 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (725.0%). Fluctuation: **Significant** (high variation).



Q1 2023 – Q3 2023 data shows substantial decreases in both liabilities (-56.28%) and current assets (-57.12%) on revenue, indicating significant working capital challenges.  Cost efficiency is mixed:  a substantial improvement in the retained earnings to revenue ratio (-56.7%), yet a slight increase in SG&A expenses (17.79%). Investment efficiency is marked by small decreases in retained earnings on assets (-1.4%) and a sharp fall in earnings per share (-725%).