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 77.78 (%).Trend:Increase 183.35% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 37.79 (%).Trend:Decrease 51.41% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 25.81 (%).Trend:Decrease 31.7% than previous quarter

Overall: decreasing (-66.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 555.87 (%).Trend:Increase 187.24% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 259.02 (%).Trend:Decrease 53.4% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 168.93 (%).Trend:Decrease 34.78% than previous quarter

Overall: decreasing (-69.61%). 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 -666.71 (%).Trend:Increase 231.68% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -325.13 (%).Trend:Decrease 51.23% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -223.44 (%).Trend:Decrease 31.28% than previous quarter

Overall: increasing (-66.49%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 89.48 (%).Trend:Increase 8.39% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 84.31 (%).Trend:Decrease 5.78% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 82.24 (%).Trend:Decrease 2.46% than previous quarter

Overall: decreasing (-8.09%). 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 -111.8 (%).Trend:Increase 15.13% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -117.11 (%).Trend:Increase 4.75% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -122.94 (%).Trend:Increase 4.98% than previous quarter

Overall: decreasing (9.96%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.98 (USD).Trend:Decrease 255.56% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.67 (USD).Trend:Increase 70.41% than previous quarter
Year 2023 Quarter 3: Earning Per Share -2.32 (USD).Trend:Increase 38.92% than previous quarter

Overall: decreasing (136.73%). Fluctuation: **Significant** (high variation).



Q1-Q3 2023 data reveals significant volatility across key financial metrics.  Working capital efficiency, as measured by liabilities and current assets on revenue, decreased considerably. Cost efficiency, as shown by retained earnings to revenue, improved but fluctuated wildly. Conversely, SG&A expense remained relatively stable.  Investment efficiency (retained earnings on assets) and earnings per share displayed significant negative trends and high variability.