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 77.78 (%).Trend:Increase 183.35% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 37.79 (%).Trend:Decrease 51.41% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 25.81 (%).Trend:Decrease 31.7% than previous quarter

Overall: decreasing (-66.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 555.87 (%).Trend:Increase 187.24% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 259.02 (%).Trend:Decrease 53.4% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 168.93 (%).Trend:Decrease 34.78% than previous quarter

Overall: decreasing (-69.61%). 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 -666.71 (%).Trend:Increase 231.68% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -325.13 (%).Trend:Decrease 51.23% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -223.44 (%).Trend:Decrease 31.28% than previous quarter

Overall: increasing (-66.49%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 89.48 (%).Trend:Increase 8.39% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 84.31 (%).Trend:Decrease 5.78% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 82.24 (%).Trend:Decrease 2.46% than previous quarter

Overall: decreasing (-8.09%). 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 -111.8 (%).Trend:Increase 15.13% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -117.11 (%).Trend:Increase 4.75% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -122.94 (%).Trend:Increase 4.98% than previous quarter

Overall: decreasing (9.96%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.98 (USD).Trend:Decrease 255.56% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.67 (USD).Trend:Increase 70.41% than previous quarter
Year 2023 Quarter 3: Earning Per Share -2.32 (USD).Trend:Increase 38.92% than previous quarter

Overall: decreasing (136.73%). Fluctuation: **Significant** (high variation).



Q1-Q3 2023 data shows significant fluctuations in working capital efficiency. Liabilities and current assets on revenue decreased substantially.  Ratio of retained earnings to revenue increased despite significant fluctuations. SG&A expense ratio decreased slightly.  Retained earnings on assets and earnings per share both decreased significantly.