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 88.08 (%).Trend:Increase 240.34% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 45.0 (%).Trend:Decrease 48.91% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 30.62 (%).Trend:Decrease 31.96% than previous quarter

Overall: decreasing (-65.24%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 184.06 (%).Trend:Increase 253.35% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 88.8 (%).Trend:Decrease 51.75% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 58.29 (%).Trend:Decrease 34.36% than previous quarter

Overall: decreasing (-68.33%). 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 120.47 (%).Trend:Increase 259.5% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 56.14 (%).Trend:Decrease 53.4% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 35.3 (%).Trend:Decrease 37.12% than previous quarter

Overall: decreasing (-70.7%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.66 (%).Trend:Increase 22.81% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 37.87 (%).Trend:Decrease 2.04% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36.43 (%).Trend:Decrease 3.8% than previous quarter

Overall: decreasing (-5.77%). 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 29.71 (%).Trend:Decrease 1.98% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 28.4 (%).Trend:Decrease 4.41% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 28.21 (%).Trend:Decrease 0.67% than previous quarter

Overall: decreasing (-5.05%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.96 (USD).Trend:Decrease 292.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.4 (USD).Trend:Increase 45.83% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.51 (USD).Trend:Increase 7.86% than previous quarter

Overall: decreasing (57.29%). Fluctuation: **Significant** (high variation).



Over Q1-Q3 2023, liabilities and current assets on revenue decreased significantly (-65.24% and -68.33%, respectively), exhibiting high variation. The ratio of retained earnings to revenue also decreased substantially (-70.7%), with significant fluctuation. The SG&A expense ratio showed a small decrease (-5.77%), displaying low variation. Retained earnings on assets also decreased slightly (-5.05%), with low variation. Earnings per share decreased by 57.29%, showing significant variation.