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 99.2 (%).Trend:Increase 201.7% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.67 (%).Trend:Decrease 50.94% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 36.19 (%).Trend:Decrease 25.64% than previous quarter

Overall: decreasing (-63.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 83.77 (%).Trend:Increase 150.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 39.11 (%).Trend:Decrease 53.31% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 29.28 (%).Trend:Decrease 25.13% than previous quarter

Overall: decreasing (-65.05%). 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 -70.85 (%).Trend:Increase 224.11% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -37.37 (%).Trend:Decrease 47.25% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -25.44 (%).Trend:Decrease 31.92% than previous quarter

Overall: increasing (-64.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.64 (%).Trend:Increase 5.72% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.74 (%).Trend:Increase 0.86% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.75 (%).Trend:Increase 0.09% than previous quarter

Overall: increasing (0.95%). 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 -33.38 (%).Trend:Increase 17.45% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -35.72 (%).Trend:Increase 7.01% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -35.17 (%).Trend:Decrease 1.54% than previous quarter

Overall: decreasing (5.36%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.5 (USD).Trend:Decrease 242.86% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.62 (USD).Trend:Increase 24.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.68 (USD).Trend:Increase 9.68% than previous quarter

Overall: decreasing (36.0%). Fluctuation: **Significant** (high variation).



Working Capital Efficiency shows significant fluctuation in both Liabilities on Revenue and Current assets on Revenue. Liabilities decreased by 63.52% while Current assets decreased by 65.05% across the three quarters of 2023. Cost Efficiency reveals a significant increase in the Ratio of Retained Earnings to Revenue, which increased by -64.09%. The SG&A Expense Ratio also increased slightly (0.95%). Invest Efficiency shows significant fluctuation in Retained Earning on Assets, decreasing by 5.36%. Earnings per share decreased by 36.0%.  Overall, the financial performance shows substantial fluctuations, particularly in working capital and investment efficiency.