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 94.26 (%).Trend:Increase 216.31% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 45.61 (%).Trend:Decrease 51.61% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 31.94 (%).Trend:Decrease 29.97% than previous quarter

Overall: decreasing (-66.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 111.43 (%).Trend:Increase 245.84% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 56.38 (%).Trend:Decrease 49.4% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 37.72 (%).Trend:Decrease 33.1% than previous quarter

Overall: decreasing (-66.15%). 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 -51.49 (%).Trend:Increase 245.57% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -24.77 (%).Trend:Decrease 51.89% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -17.1 (%).Trend:Decrease 30.96% than previous quarter

Overall: increasing (-66.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.04 (%).Trend:Increase 13.04% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.85 (%).Trend:Decrease 1.35% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.62 (%).Trend:Decrease 1.66% than previous quarter

Overall: decreasing (-2.99%). 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 -15.2 (%).Trend:Increase 4.25% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -15.09 (%).Trend:Decrease 0.72% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -15.65 (%).Trend:Increase 3.71% than previous quarter

Overall: decreasing (2.96%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.34 (USD).Trend:Decrease 145.95% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.31 (USD).Trend:Decrease 8.82% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.46 (USD).Trend:Increase 48.39% than previous quarter

Overall: decreasing (35.29%). Fluctuation: **Significant** (high variation).



Financial data for Q1 2023 to Q3 2023 shows significant volatility. Working capital efficiency (liabilities and current assets on revenue) reveals initial increases in Q1 2023, followed by declines.  Cost efficiency (ratio of retained earnings to revenue) exhibits substantial fluctuation, with notable increases in Q1 2023.  SG&A expense ratio shows a slight downward trend. Invest efficiency (retained earnings on assets) remains negative and fluctuates. Earnings per share display substantial drops.