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 848.57 (%).Trend:Increase 143.43% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 54.01 (%).Trend:Decrease 93.64% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 31.01 (%).Trend:Decrease 42.58% than previous quarter

Overall: decreasing (-96.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 702.53 (%).Trend:Increase 223.76% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 80.11 (%).Trend:Decrease 88.6% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 50.19 (%).Trend:Decrease 37.35% than previous quarter

Overall: decreasing (-92.86%). 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 -2833.64 (%).Trend:Increase 227.37% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -334.88 (%).Trend:Decrease 88.18% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -225.48 (%).Trend:Decrease 32.67% than previous quarter

Overall: increasing (-92.04%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 55.36 (%).Trend:Decrease 0.38% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.01 (%).Trend:Decrease 72.89% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.6 (%).Trend:Decrease 2.73% than previous quarter

Overall: decreasing (-73.63%). Fluctuation: **Significant** (high 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 -202.08 (%).Trend:Decrease 0.32% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -208.95 (%).Trend:Increase 3.4% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -215.66 (%).Trend:Increase 3.21% than previous quarter

Overall: decreasing (6.72%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.22 (USD).Trend:Decrease 170.97% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.18 (USD).Trend:Decrease 18.18% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.97 (USD).Trend:Increase 438.89% than previous quarter

Overall: increasing (340.91%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2023 to Q3 2023 indicate a volatile period. Liabilities and current assets on revenue show significant declines, but with substantial fluctuations. Cost efficiency, as measured by the ratio of retained earnings to revenue, shows an overall increasing trend but high volatility. The SG&A expense ratio decreased significantly. Earnings per share demonstrate a substantial increase with substantial fluctuations. The data suggests a period of instability in financial performance needing further investigation.