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 62.06 (%).Trend:Increase 225.95% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 36.15 (%).Trend:Decrease 41.75% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 25.33 (%).Trend:Decrease 29.93% than previous quarter

Overall: decreasing (-59.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 194.3 (%).Trend:Increase 303.2% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 91.79 (%).Trend:Decrease 52.76% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 54.79 (%).Trend:Decrease 40.31% than previous quarter

Overall: decreasing (-71.8%). 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 62.4 (%).Trend:Increase 159.46% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 25.15 (%).Trend:Decrease 59.7% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 23.25 (%).Trend:Decrease 7.55% than previous quarter

Overall: decreasing (-62.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.95 (%).Trend:Decrease 2.13% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.4 (%).Trend:Decrease 12.97% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.8 (%).Trend:Increase 13.46% than previous quarter

Overall: decreasing (-1.26%). 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 12.46 (%).Trend:Decrease 17.86% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 10.76 (%).Trend:Decrease 13.64% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 13.03 (%).Trend:Increase 21.1% than previous quarter

Overall: increasing (4.57%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 98.08% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.55 (USD).Trend:Increase 5400.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.44 (USD).Trend:Decrease 180.0% than previous quarter

Overall: increasing (-4500.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 show considerable volatility. Working capital, as measured by liabilities and current assets on revenue, demonstrates significant decreases. Cost efficiency, indicated by the ratio of retained earnings to revenue, reveals substantial fluctuations. The SG&A expense ratio shows a slight decrease. Investment efficiency demonstrates a steady upward trend in retained earnings on assets. Earnings per share experiences substantial fluctuations, with both negative and positive values.