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 312.55 (%).Trend:Increase 164.72% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 162.01 (%).Trend:Decrease 48.17% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 110.95 (%).Trend:Decrease 31.52% than previous quarter

Overall: decreasing (-64.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 628.15 (%).Trend:Increase 137.16% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 325.12 (%).Trend:Decrease 48.24% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 217.5 (%).Trend:Decrease 33.1% than previous quarter

Overall: decreasing (-65.37%). 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 -268.94 (%).Trend:Increase 132.45% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -136.4 (%).Trend:Decrease 49.28% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -91.2 (%).Trend:Decrease 33.14% than previous quarter

Overall: increasing (-66.09%). 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 -33.72 (%).Trend:Decrease 4.8% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -33.34 (%).Trend:Decrease 1.13% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -33.11 (%).Trend:Decrease 0.69% than previous quarter

Overall: increasing (-1.81%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.48 (USD).Trend:Decrease 76.92% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.87 (USD).Trend:Increase 81.25% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.19 (USD).Trend:Increase 36.78% than previous quarter

Overall: decreasing (147.92%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2023 data reveals concerning trends. Liabilities and current assets on revenue both decreased significantly (-64.5% and -65.37% respectively) with substantial volatility. The ratio of retained earnings to revenue increased by -66.09% (decreasing overall), also with significant fluctuation. Retained earnings on assets showed a minor increase (-1.81%) but with high variation. Most notably, earnings per share plummeted (-147.92%) with significant fluctuation. These results suggest a deteriorating financial performance and require immediate attention to identify and address the underlying issues.