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 362.7 (%).Trend:Increase 267.03% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 158.58 (%).Trend:Decrease 56.28% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 64.36 (%).Trend:Decrease 59.41% than previous quarter

Overall: decreasing (-82.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 392.55 (%).Trend:Increase 281.34% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 163.23 (%).Trend:Decrease 58.42% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 113.59 (%).Trend:Decrease 30.41% than previous quarter

Overall: decreasing (-71.06%). 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 -2722.64 (%).Trend:Increase 237.06% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1267.41 (%).Trend:Decrease 53.45% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -831.97 (%).Trend:Decrease 34.36% than previous quarter

Overall: increasing (-69.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 66.96 (%).Trend:Decrease 39.68% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 60.78 (%).Trend:Decrease 9.23% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 59.39 (%).Trend:Decrease 2.29% than previous quarter

Overall: decreasing (-11.31%). 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 -494.64 (%).Trend:Decrease 14.19% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -542.04 (%).Trend:Increase 9.58% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -523.09 (%).Trend:Decrease 3.5% than previous quarter

Overall: decreasing (5.75%). Fluctuation: **Significant** (high variation).

Earning Per Share


Q1 2023 to Q3 2023 reveals significant declines in working capital efficiency. Liabilities and current assets on revenue decreased by 82.26% and 71.06% respectively. Ratio of retained earnings to revenue improved (-69.44%), although still negative. The SG&A expense ratio decreased slightly (-11.31%).  Retained earnings on assets also decreased (-5.75%), indicating continued instability and the need for focused analysis of earnings per share data.