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 98.52 (%).Trend:Increase 171.48% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 59.48 (%).Trend:Decrease 39.63% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 38.82 (%).Trend:Decrease 34.73% than previous quarter

Overall: decreasing (-60.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 205.05 (%).Trend:Increase 152.52% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 89.78 (%).Trend:Decrease 56.22% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 60.43 (%).Trend:Decrease 32.69% than previous quarter

Overall: decreasing (-70.53%). 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 -2.2 (%).Trend:Decrease 6.78% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 3.3 (%).Trend:Decrease 250.0% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 0.53 (%).Trend:Decrease 83.94% than previous quarter

Overall: increasing (-124.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.46 (%).Trend:Decrease 7.49% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.64 (%).Trend:Increase 0.77% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.87 (%).Trend:Decrease 3.26% than previous quarter

Overall: decreasing (-2.51%). 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 -0.44 (%).Trend:Decrease 55.1% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.09 (%).Trend:Decrease 347.73% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 0.27 (%).Trend:Decrease 75.23% than previous quarter

Overall: increasing (-161.36%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance in Q1-Q3 2023 displays significant volatility.  Liabilities on revenue declined overall, but with substantial fluctuations. Current assets on revenue also exhibited a significant overall decrease. The ratio of retained earnings to revenue increased overall but with considerable fluctuations. The SG&A expense ratio shows a very slight downward trend. Invest efficiency also shows considerable fluctuation in retained earnings on assets.