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 2246.4 (%).Trend:Increase 223.45% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 1017.77 (%).Trend:Decrease 54.69% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 915.73 (%).Trend:Decrease 10.03% than previous quarter

Overall: decreasing (-59.24%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 4861.31 (%).Trend:Increase 447.16% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 1783.15 (%).Trend:Decrease 63.32% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 3020.71 (%).Trend:Increase 69.4% than previous quarter

Overall: decreasing (-37.86%). 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 -78137.86 (%).Trend:Increase 263.35% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -43377.84 (%).Trend:Decrease 44.49% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -32373.92 (%).Trend:Decrease 25.37% than previous quarter

Overall: increasing (-58.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 697.65 (%).Trend:Increase 17.89% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 819.78 (%).Trend:Increase 17.51% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 992.6 (%).Trend:Increase 21.08% than previous quarter

Overall: increasing (42.28%). 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 -1524.5 (%).Trend:Decrease 31.07% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -2250.29 (%).Trend:Increase 47.61% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -1038.37 (%).Trend:Decrease 53.86% than previous quarter

Overall: increasing (-31.89%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1-Q3 2023 financial data reveals significant fluctuations in several key areas. Liabilities on revenue decreased overall (-59.24%), while current assets on revenue also decreased (-37.86%).  The ratio of retained earnings to revenue showed an overall increase (-58.57%), while the SG&A expense ratio increased (42.28%). Retained earnings on assets increased (-31.89%).  All ratios except SG&A exhibited significant fluctuations.