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 58.22 (%).Trend:Increase 249.25% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.55 (%).Trend:Decrease 47.53% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 22.96 (%).Trend:Decrease 24.84% than previous quarter

Overall: decreasing (-60.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 206.81 (%).Trend:Increase 207.52% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 57.08 (%).Trend:Decrease 72.4% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 56.05 (%).Trend:Decrease 1.8% than previous quarter

Overall: decreasing (-72.9%). 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 33.2 (%).Trend:Increase 162.66% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 13.89 (%).Trend:Decrease 58.16% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 4.89 (%).Trend:Decrease 64.79% than previous quarter

Overall: decreasing (-85.27%). 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 4.07 (%).Trend:Decrease 14.5% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 3.41 (%).Trend:Decrease 16.22% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 1.46 (%).Trend:Decrease 57.18% than previous quarter

Overall: decreasing (-64.13%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 2023 to Q3 2023 show a predominantly negative trend.  Liabilities on revenue decreased, but with significant volatility. Current assets on revenue also declined sharply. Cost efficiency, as measured by the ratio of retained earnings to revenue, decreased considerably throughout the period. Investment efficiency, characterized by decreasing retained earnings on assets, also reveals instability.  Overall, the data suggests a declining financial performance.