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 175.65 (%).Trend:Increase 263.29% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 74.63 (%).Trend:Decrease 57.51% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 47.07 (%).Trend:Decrease 36.93% than previous quarter

Overall: decreasing (-73.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 441.9 (%).Trend:Increase 263.82% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 207.06 (%).Trend:Decrease 53.14% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 134.12 (%).Trend:Decrease 35.23% than previous quarter

Overall: decreasing (-69.65%). 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 -184.95 (%).Trend:Increase 296.63% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -97.42 (%).Trend:Decrease 47.33% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -77.98 (%).Trend:Decrease 19.95% than previous quarter

Overall: increasing (-57.84%). 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 -33.86 (%).Trend:Increase 6.81% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -37.25 (%).Trend:Increase 10.01% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -51.11 (%).Trend:Increase 37.21% than previous quarter

Overall: decreasing (50.95%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.33 (USD).Trend:Decrease 84.79% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.63 (USD).Trend:Increase 90.91% than previous quarter
Year 2023 Quarter 3: Earning Per Share -3.52 (USD).Trend:Increase 458.73% than previous quarter

Overall: decreasing (966.67%). Fluctuation: **Significant** (high variation).



The Q1 2023-Q3 2023 financial data shows significant volatility. Liabilities and current assets on revenue decreased overall, despite substantial increases in Q1. The ratio of retained earnings to revenue increased, but retained earnings on assets decreased. Earnings per share experienced a massive decline, reflecting substantial financial instability.