Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 31.25 (%).Trend:Decrease 52.3% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 176.93 (%).Trend:Increase 466.18% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 41.84 (%).Trend:Decrease 76.35% than previous quarter

Overall: increasing (33.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 75.46 (%).Trend:Decrease 47.96% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 436.63 (%).Trend:Increase 478.62% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 70.86 (%).Trend:Decrease 83.77% than previous quarter

Overall: decreasing (-6.1%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 37.22 (%).Trend:Decrease 52.51% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 174.31 (%).Trend:Increase 368.32% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 31.38 (%).Trend:Decrease 82.0% than previous quarter

Overall: decreasing (-15.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.42 (%).Trend:Decrease 9.76% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.4 (%).Trend:Increase 69.21% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.95 (%).Trend:Decrease 42.83% than previous quarter

Overall: decreasing (-3.26%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 25.57 (%).Trend:Decrease 9.74% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 20.24 (%).Trend:Decrease 20.84% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 22.38 (%).Trend:Increase 10.57% than previous quarter

Overall: decreasing (-12.48%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -3.91 (USD).Trend:Decrease 195.83% than previous quarter
Year 2023 Quarter 1: Earning Per Share -1.17 (USD).Trend:Decrease 70.08% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.0 (USD).Trend:Decrease 185.47% than previous quarter

Overall: increasing (-125.58%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q3 2023 shows significant fluctuations in key financial metrics. Liabilities on revenue trended downward, then experienced a significant increase in Q1 2023 followed by a decrease in Q3 2023. Current assets on revenue also demonstrate a similar pattern, but with a decreasing overall trend.  Cost efficiency metrics (ratio of retained earnings to revenue and SG&A expense ratio) display considerable swings.  Investment efficiency exhibits a steady, moderate decrease in retained earnings on assets. Earnings per share are largely negative and show substantial fluctuation.