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 99.2 (%).Trend:Increase 201.7% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.67 (%).Trend:Decrease 50.94% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 36.19 (%).Trend:Decrease 25.64% than previous quarter

Overall: decreasing (-63.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 83.77 (%).Trend:Increase 150.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 39.11 (%).Trend:Decrease 53.31% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 29.28 (%).Trend:Decrease 25.13% than previous quarter

Overall: decreasing (-65.05%). 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 -70.85 (%).Trend:Increase 224.11% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -37.37 (%).Trend:Decrease 47.25% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -25.44 (%).Trend:Decrease 31.92% than previous quarter

Overall: increasing (-64.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.64 (%).Trend:Increase 5.72% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.74 (%).Trend:Increase 0.86% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.75 (%).Trend:Increase 0.09% than previous quarter

Overall: increasing (0.95%). 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 -33.38 (%).Trend:Increase 17.45% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -35.72 (%).Trend:Increase 7.01% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -35.17 (%).Trend:Decrease 1.54% than previous quarter

Overall: decreasing (5.36%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.5 (USD).Trend:Decrease 242.86% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.62 (USD).Trend:Increase 24.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.68 (USD).Trend:Increase 9.68% than previous quarter

Overall: decreasing (36.0%). Fluctuation: **Significant** (high variation).



Financial data from Q1 to Q3 2023 reveals significant volatility. Working capital efficiency, measured by liabilities and current assets on revenue, demonstrates substantial declines.  Cost efficiency, indicated by the ratio of retained earnings to revenue, exhibits a negative overall trend, yet with considerable fluctuations.  SG&A expense ratio displays minimal fluctuations. Investment efficiency and earnings per share exhibit declining trends with significant volatility.