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 107.41 (%).Trend:Increase 295.91% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 55.27 (%).Trend:Decrease 48.54% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 48.97 (%).Trend:Decrease 11.4% than previous quarter

Overall: decreasing (-54.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 306.51 (%).Trend:Increase 181.0% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 153.34 (%).Trend:Decrease 49.97% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 119.05 (%).Trend:Decrease 22.36% than previous quarter

Overall: decreasing (-61.16%). 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 -22414.06 (%).Trend:Increase 208.54% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -11694.17 (%).Trend:Decrease 47.83% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -8260.01 (%).Trend:Decrease 29.37% than previous quarter

Overall: increasing (-63.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.85 (%).Trend:Decrease 8.04% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.62 (%).Trend:Increase 10.72% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.7 (%).Trend:Increase 3.77% than previous quarter

Overall: increasing (14.89%). 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 -3939.06 (%).Trend:Increase 6.39% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -3804.44 (%).Trend:Decrease 3.42% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -3629.43 (%).Trend:Decrease 4.6% than previous quarter

Overall: increasing (-7.86%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.14 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.18 (USD).Trend:Increase 28.57% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.11 (USD).Trend:Decrease 38.89% than previous quarter

Overall: decreasing (-21.43%). Fluctuation: **Neutral** (moderate variation).



From Q1 2023 to Q3 2023, liabilities and current assets on revenue both decreased significantly, despite high volatility. The ratio of retained earnings to revenue also shows an overall increase, but with considerable fluctuation. SG&A expenses increased slightly with low variation. Retained earnings on assets increased, while earnings per share decreased, indicating moderate variation.