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 63.79 (%).Trend:Increase 183.01% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.18 (%).Trend:Decrease 47.99% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.07 (%).Trend:Decrease 42.53% than previous quarter

Overall: decreasing (-70.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 189.35 (%).Trend:Increase 168.77% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 90.45 (%).Trend:Decrease 52.23% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 62.93 (%).Trend:Decrease 30.43% than previous quarter

Overall: decreasing (-66.77%). 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 -312.06 (%).Trend:Increase 208.73% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -155.53 (%).Trend:Decrease 50.16% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -100.74 (%).Trend:Decrease 35.23% than previous quarter

Overall: increasing (-67.72%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -95.43 (%).Trend:Increase 9.99% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -97.77 (%).Trend:Increase 2.45% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -97.54 (%).Trend:Decrease 0.24% than previous quarter

Overall: decreasing (2.21%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.02 (USD).Trend:Decrease 108.7% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.19 (USD).Trend:Decrease 1050.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.03 (USD).Trend:Increase 442.11% than previous quarter

Overall: increasing (-5250.0%). Fluctuation: **Significant** (high variation).



Financial data from Q1 to Q3 2023 indicates a highly volatile financial performance. Working capital efficiency, as measured by liabilities and current assets on revenue, decreased substantially, exhibiting large variations. Cost efficiency, reflected by the retained earnings-to-revenue ratio, displayed an overall positive trend despite significant fluctuations.  Investment efficiency saw a slight decrease. Earnings per share demonstrated substantial growth in the third quarter, but overall the performance is volatile.  Careful consideration and further analysis are essential to uncover underlying causes and potential outliers.