Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 81.18 (%).Trend:Decrease 34.63% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 198.08 (%).Trend:Increase 144.0% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 119.76 (%).Trend:Decrease 39.54% than previous quarter

Overall: increasing (47.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 116.48 (%).Trend:Decrease 37.37% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 152.72 (%).Trend:Increase 31.11% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 104.58 (%).Trend:Decrease 31.52% than previous quarter

Overall: decreasing (-10.22%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -117.11 (%).Trend:Decrease 29.31% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -256.02 (%).Trend:Increase 118.61% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -159.84 (%).Trend:Decrease 37.57% than previous quarter

Overall: decreasing (36.49%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets -45.57 (%).Trend:Increase 14.38% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -67.9 (%).Trend:Increase 49.0% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -67.22 (%).Trend:Decrease 1.0% than previous quarter

Overall: decreasing (47.51%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.67 (USD).Trend:Increase 50.45% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.14 (USD).Trend:Decrease 31.74% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.39 (USD).Trend:Increase 21.93% than previous quarter

Overall: increasing (-16.77%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q3 2023 shows significant volatility across key metrics.  Liabilities on revenue exhibit substantial increases and decreases.  Current assets on revenue show a slight overall decrease. Cost efficiency indicators, specifically the ratio of retained earnings to revenue, declined significantly with major quarter-to-quarter changes.  Investment efficiency and earnings per share demonstrate large variations and a generally negative trend.