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 177.96 (%).Trend:Increase 25.44% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 69.39 (%).Trend:Decrease 61.01% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 123.8 (%).Trend:Increase 78.41% than previous quarter

Overall: decreasing (-30.43%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 679.84 (%).Trend:Decrease 16.41% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 411.16 (%).Trend:Decrease 39.52% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 256.74 (%).Trend:Decrease 37.56% than previous quarter

Overall: decreasing (-62.24%). 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 -1977.52 (%).Trend:Increase 340.22% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -889.54 (%).Trend:Decrease 55.02% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -700.37 (%).Trend:Decrease 21.27% than previous quarter

Overall: increasing (-64.58%). 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 -140.08 (%).Trend:Increase 224.11% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -116.26 (%).Trend:Decrease 17.0% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -136.91 (%).Trend:Increase 17.76% than previous quarter

Overall: increasing (-2.26%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.37 (USD).Trend:Decrease 27.45% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.66 (USD).Trend:Increase 78.38% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.03 (USD).Trend:Increase 56.06% than previous quarter

Overall: decreasing (178.38%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2023 to Q3 2023 financial data reveals significant fluctuations across key metrics. Liabilities on revenue decreased overall (-30.43%), while current assets on revenue showed a much steeper decline (-62.24%).  The ratio of retained earnings to revenue increased (-64.58%), and retained earnings on assets also increased (-2.26%).  Earnings per share decreased substantially (178.38%).  All metrics exhibited significant variability.