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 98.8 (%).Trend:Increase 385.27% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 44.51 (%).Trend:Decrease 54.95% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.07 (%).Trend:Decrease 48.17% than previous quarter

Overall: decreasing (-76.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 1103.96 (%).Trend:Increase 560.54% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 440.43 (%).Trend:Decrease 60.1% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 205.55 (%).Trend:Decrease 53.33% than previous quarter

Overall: decreasing (-81.38%). 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 409.34 (%).Trend:Increase 618.9% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 155.88 (%).Trend:Decrease 61.92% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 88.32 (%).Trend:Decrease 43.34% than previous quarter

Overall: decreasing (-78.42%). 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 26.38 (%).Trend:Increase 11.31% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 25.37 (%).Trend:Decrease 3.83% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 28.23 (%).Trend:Increase 11.27% than previous quarter

Overall: increasing (7.01%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.11 (USD).Trend:Decrease 161.11% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.14 (USD).Trend:Increase 27.27% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.03 (USD).Trend:Decrease 121.43% than previous quarter

Overall: increasing (-127.27%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2023 to Q3 2023 reveals a consistent downward trend in working capital efficiency. Liabilities and current assets on revenue show substantial decreases from Q1 to Q3.  Cost efficiency, gauged by the ratio of retained earnings to revenue, also shows substantial decreases.  Investment efficiency, however, displays a steady, slight increase, with very little variation.  Earnings per share continue to trend downward, but with significant quarterly volatility.