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 78.19 (%).Trend:Increase 127.36% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 37.04 (%).Trend:Decrease 52.63% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 26.23 (%).Trend:Decrease 29.18% than previous quarter

Overall: decreasing (-66.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 67.01 (%).Trend:Increase 36.7% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 32.13 (%).Trend:Decrease 52.05% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 24.19 (%).Trend:Decrease 24.71% than previous quarter

Overall: decreasing (-63.9%). 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 -38.52 (%).Trend:Increase 270.74% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -15.62 (%).Trend:Decrease 59.45% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -8.96 (%).Trend:Decrease 42.64% than previous quarter

Overall: increasing (-76.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.14 (%).Trend:Decrease 33.83% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.48 (%).Trend:Increase 4.76% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.0 (%).Trend:Increase 6.95% than previous quarter

Overall: increasing (12.04%). 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 -25.83 (%).Trend:Increase 112.07% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -22.97 (%).Trend:Decrease 11.07% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -19.06 (%).Trend:Decrease 17.02% than previous quarter

Overall: increasing (-26.21%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.35 (USD).Trend:Decrease 52.7% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.13 (USD).Trend:Decrease 62.86% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.16 (USD).Trend:Decrease 223.08% than previous quarter

Overall: increasing (-145.71%). Fluctuation: **Significant** (high variation).



From Q1 to Q3 2023, the company experienced a decline in several key areas. Liabilities on Revenue decreased (-66.45%) with significant fluctuation, while Current Assets on Revenue also decreased (-63.9%) with significant fluctuation. Cost Efficiency shows an increasing Ratio of Retained Earnings to Revenue (-76.74%) with significant fluctuation, alongside an increasing SG&A Expense Ratio (12.04%) with little fluctuation. Investment Efficiency shows an increasing Retained Earning on Assets (-26.21%) with significant fluctuation. Earnings Per Share increased (-145.71%) with significant fluctuation. The company's performance is deteriorating, with significant volatility and declining asset levels, despite some improvements in retained earnings.