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 179.78 (%).Trend:Increase 177.05% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 90.51 (%).Trend:Decrease 49.66% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 67.32 (%).Trend:Decrease 25.62% than previous quarter

Overall: decreasing (-62.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 234.89 (%).Trend:Increase 183.48% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 118.09 (%).Trend:Decrease 49.73% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 87.19 (%).Trend:Decrease 26.17% than previous quarter

Overall: decreasing (-62.88%). 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 -460.3 (%).Trend:Increase 197.45% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -243.6 (%).Trend:Decrease 47.08% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -166.49 (%).Trend:Decrease 31.65% than previous quarter

Overall: increasing (-63.83%). 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 -114.96 (%).Trend:Increase 1.3% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -120.6 (%).Trend:Increase 4.91% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -116.57 (%).Trend:Decrease 3.34% than previous quarter

Overall: decreasing (1.4%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.08 (USD).Trend:Decrease 85.71% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.18 (USD).Trend:Increase 125.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.17 (USD).Trend:Decrease 5.56% than previous quarter

Overall: increasing (112.5%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2023 to Q3 2023 data reveals significant fluctuations. Liabilities on Revenue and Current Assets on Revenue show overall decreases (-62.55% and -62.88% respectively) with substantial quarter-to-quarter variation. The Ratio of Retained Earnings to Revenue shows an overall increase (-63.83%), also with significant volatility. Retained Earnings on Assets show an overall decrease (1.4%), while Earnings Per Share shows an overall increase (112.5%).  Performance is volatile.