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 419.6 (%).Trend:Increase 231.91% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 199.05 (%).Trend:Decrease 52.56% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 219.96 (%).Trend:Increase 10.5% than previous quarter

Overall: decreasing (-47.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 312.42 (%).Trend:Increase 218.93% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 146.78 (%).Trend:Decrease 53.02% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 166.23 (%).Trend:Increase 13.25% than previous quarter

Overall: decreasing (-46.79%). 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 -431.37 (%).Trend:Decrease 1845.02% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -303.86 (%).Trend:Decrease 29.56% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -311.97 (%).Trend:Increase 2.67% than previous quarter

Overall: increasing (-27.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.6 (%).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.07 (%).Trend:Decrease 1.85% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.3 (%).Trend:Decrease 24.12% than previous quarter

Overall: decreasing (-25.52%). Fluctuation: **Neutral** (moderate 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 -24.79 (%).Trend:Decrease 826.98% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -41.15 (%).Trend:Increase 65.99% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -42.89 (%).Trend:Increase 4.23% than previous quarter

Overall: decreasing (73.01%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.24 (USD).Trend:Decrease 77.36% than previous quarter
Year 2023 Quarter 2: Earning Per Share -10.91 (USD).Trend:Decrease 4645.83% than previous quarter
Year 2023 Quarter 3: Earning Per Share -11.66 (USD).Trend:Increase 6.87% than previous quarter

Overall: decreasing (-4958.33%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2023 show a consistently negative trend. Working capital efficiency indicates declining liabilities but fluctuating current assets.  Cost efficiency reveals substantial negative values in the retained earnings ratio.  The SG&A expense ratio decreased significantly. Investment efficiency shows a negative trend in retained earnings on assets. Earnings per share decreased drastically. Overall, the financial performance exhibits a worrisome downward trend with significant fluctuations.