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 175.65 (%).Trend:Increase 263.29% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 74.63 (%).Trend:Decrease 57.51% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 47.07 (%).Trend:Decrease 36.93% than previous quarter

Overall: decreasing (-73.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 441.9 (%).Trend:Increase 263.82% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 207.06 (%).Trend:Decrease 53.14% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 134.12 (%).Trend:Decrease 35.23% than previous quarter

Overall: decreasing (-69.65%). 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 -184.95 (%).Trend:Increase 296.63% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -97.42 (%).Trend:Decrease 47.33% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -77.98 (%).Trend:Decrease 19.95% than previous quarter

Overall: increasing (-57.84%). 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 -33.86 (%).Trend:Increase 6.81% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -37.25 (%).Trend:Increase 10.01% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -51.11 (%).Trend:Increase 37.21% than previous quarter

Overall: decreasing (50.95%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.33 (USD).Trend:Decrease 84.79% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.63 (USD).Trend:Increase 90.91% than previous quarter
Year 2023 Quarter 3: Earning Per Share -3.52 (USD).Trend:Increase 458.73% than previous quarter

Overall: decreasing (966.67%). Fluctuation: **Significant** (high variation).



From Q1 2023 to Q3 2023, significant fluctuations are evident.  Liabilities and current assets on revenue experienced substantial decreases, despite a large initial increase.  The ratio of retained earnings to revenue showed an overall increase, while retained earnings on assets decreased.  Earning per share plummeted, indicating a serious financial downturn.