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 258.4 (%).Trend:Increase 191.38% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 137.0 (%).Trend:Decrease 46.98% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 93.81 (%).Trend:Decrease 31.53% than previous quarter

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

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 345.3 (%).Trend:Increase 262.94% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 190.92 (%).Trend:Decrease 44.71% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 122.19 (%).Trend:Decrease 36.0% than previous quarter

Overall: decreasing (-64.61%). 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 -102.88 (%).Trend:Increase 73.34% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -40.41 (%).Trend:Decrease 60.72% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -33.41 (%).Trend:Decrease 17.32% than previous quarter

Overall: increasing (-67.53%). 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 -19.01 (%).Trend:Decrease 45.47% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -13.79 (%).Trend:Decrease 27.46% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -17.37 (%).Trend:Increase 25.96% than previous quarter

Overall: increasing (-8.63%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.32 (USD).Trend:Decrease 52.94% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.66 (USD).Trend:Increase 106.25% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.07 (USD).Trend:Increase 62.12% than previous quarter

Overall: increasing (234.38%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2023 show highly volatile financial performance. Liabilities on revenue decreased substantially from Q1 to Q3, while current assets on revenue also decreased across the same period.  Cost efficiency (ratio of retained earnings to revenue) demonstrates substantial fluctuation, with an increase in Q1, followed by decreases. Investment efficiency shows an overall upward trend, but with significant quarterly changes. Earnings per share show a notable increase from Q2 to Q3, contrasting with the decrease in Q1. The overall trend is unpredictable and characterized by significant variability in results.