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 283.02 (%).Trend:Increase 391.1% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 125.77 (%).Trend:Decrease 55.56% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 94.54 (%).Trend:Decrease 24.83% than previous quarter

Overall: decreasing (-66.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 353.44 (%).Trend:Increase 382.71% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 154.13 (%).Trend:Decrease 56.39% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 110.38 (%).Trend:Decrease 28.39% than previous quarter

Overall: decreasing (-68.77%). 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 197.25 (%).Trend:Increase 471.08% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 90.44 (%).Trend:Decrease 54.15% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 60.24 (%).Trend:Decrease 33.39% than previous quarter

Overall: decreasing (-69.46%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.24 (%).Trend:Increase 91.94% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.83 (%).Trend:Decrease 9.25% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.44 (%).Trend:Decrease 2.82% than previous quarter

Overall: decreasing (-11.81%). 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 18.02 (%).Trend:Increase 6.19% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 17.79 (%).Trend:Decrease 1.28% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 16.24 (%).Trend:Decrease 8.71% than previous quarter

Overall: decreasing (-9.88%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.02 (USD).Trend:Decrease 98.65% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.14 (USD).Trend:Increase 600.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.55 (USD).Trend:Increase 292.86% than previous quarter

Overall: increasing (2650.0%). Fluctuation: **Significant** (high variation).



Financial data from Q1 to Q3 2023 shows a concerning trend of significant declines in various financial metrics. Working capital efficiency metrics (liabilities and current assets on revenue) are decreasing substantially. Cost efficiency, including the retained earnings-to-revenue ratio and SG&A, also display notable declines. Investment efficiency (retained earnings on assets) shows a small but consistent decrease.  Earnings per share display a large drop, followed by sizable growth. The overall pattern indicates a period of financial challenges characterized by volatile changes.