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 1403.87 (%).Trend:Increase 337.6% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 524.93 (%).Trend:Decrease 62.61% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 320.76 (%).Trend:Decrease 38.89% than previous quarter

Overall: decreasing (-77.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 946.91 (%).Trend:Increase 419.94% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 331.03 (%).Trend:Decrease 65.04% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 192.91 (%).Trend:Decrease 41.72% than previous quarter

Overall: decreasing (-79.63%). 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 -5940.74 (%).Trend:Increase 391.58% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -2240.05 (%).Trend:Decrease 62.29% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -1389.63 (%).Trend:Decrease 37.96% than previous quarter

Overall: increasing (-76.61%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 191.82 (%).Trend:Increase 26.05% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 136.84 (%).Trend:Decrease 28.66% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 119.01 (%).Trend:Decrease 13.03% than previous quarter

Overall: decreasing (-37.96%). Fluctuation: **Neutral** (moderate 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 -612.35 (%).Trend:Decrease 3.75% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -661.0 (%).Trend:Increase 7.94% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -700.55 (%).Trend:Increase 5.98% than previous quarter

Overall: decreasing (14.4%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q1 2023 to Q3 2023 show substantial volatility across various financial metrics. Working capital efficiency, as measured by liabilities and current assets on revenue, demonstrate substantial increases and decreases. Cost efficiency, reflected in the ratio of retained earnings to revenue and the SG&A expense ratio, reveals fluctuating trends with high variations. Investment efficiency, as shown by retained earnings on assets, displays a generally downward trend with notable quarter-to-quarter fluctuations.  Further analysis is needed to understand the underlying causes of these significant variations.