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 93.88 (%).Trend:Increase 159.12% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 49.7 (%).Trend:Decrease 47.06% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 35.17 (%).Trend:Decrease 29.24% than previous quarter

Overall: decreasing (-62.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 247.51 (%).Trend:Increase 188.47% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 123.27 (%).Trend:Decrease 50.2% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 79.2 (%).Trend:Decrease 35.75% than previous quarter

Overall: decreasing (-68.0%). 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 41.3 (%).Trend:Increase 164.24% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 16.65 (%).Trend:Decrease 59.69% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 4.71 (%).Trend:Decrease 71.71% than previous quarter

Overall: decreasing (-88.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 58.72 (%).Trend:Increase 17.46% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 58.43 (%).Trend:Decrease 0.49% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 57.46 (%).Trend:Decrease 1.66% than previous quarter

Overall: decreasing (-2.15%). 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 12.36 (%).Trend:Decrease 12.09% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 10.03 (%).Trend:Decrease 18.85% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 4.39 (%).Trend:Decrease 56.23% than previous quarter

Overall: decreasing (-64.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.8 (USD).Trend:Increase 19.4% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.3 (USD).Trend:Increase 62.5% than previous quarter
Year 2023 Quarter 3: Earning Per Share -2.47 (USD).Trend:Increase 90.0% than previous quarter

Overall: decreasing (208.75%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2023 to Q3 2023 shows significant decreases across most metrics: Liabilities on Revenue (-62.54%), Current Assets on Revenue (-68%), Ratio of Retained Earnings to Revenue (-88.6%), and Retained Earning on Assets (-64.48%), all with high variability. The SG&A Expense Ratio saw only a minor decrease (-2.15%).  Earning Per Share decreased sharply (-208.75%) with significant fluctuation.