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 71.87 (%).Trend:Increase 248.21% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 36.08 (%).Trend:Decrease 49.8% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.5 (%).Trend:Decrease 34.87% than previous quarter

Overall: decreasing (-67.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 157.77 (%).Trend:Increase 194.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 78.25 (%).Trend:Decrease 50.4% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 51.3 (%).Trend:Decrease 34.44% than previous quarter

Overall: decreasing (-67.48%). 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 -200.94 (%).Trend:Increase 228.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -106.92 (%).Trend:Decrease 46.79% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -72.94 (%).Trend:Decrease 31.78% than previous quarter

Overall: increasing (-63.7%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.36 (%).Trend:Increase 2.57% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.57 (%).Trend:Decrease 7.63% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.51 (%).Trend:Decrease 0.63% than previous quarter

Overall: decreasing (-8.2%). 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 -46.66 (%).Trend:Increase 11.57% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -50.1 (%).Trend:Increase 7.37% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -52.78 (%).Trend:Increase 5.35% than previous quarter

Overall: decreasing (13.12%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.29 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.67 (USD).Trend:Increase 131.03% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.84 (USD).Trend:Increase 25.37% than previous quarter

Overall: decreasing (189.66%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2023 to Q3 2023 reveals a declining pattern in working capital efficiency, with significant volatility in liabilities and current assets on revenue.  Cost efficiency, measured by the ratio of retained earnings to revenue, indicates an increasing trend but with substantial fluctuation. SG&A expense ratio displays a stable decrease overall. Investment efficiency demonstrates a persistent downward trend, but with considerable volatility. Earnings per share continue a decreasing pattern, with considerable variation.  The overall financial picture suggests significant instability and operational challenges.