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 88.31 (%).Trend:Increase 243.22% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 50.08 (%).Trend:Decrease 43.29% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 26.66 (%).Trend:Decrease 46.77% than previous quarter

Overall: decreasing (-69.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 159.41 (%).Trend:Increase 214.6% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 86.1 (%).Trend:Decrease 45.99% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 50.35 (%).Trend:Decrease 41.52% than previous quarter

Overall: decreasing (-68.41%). 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 167.23 (%).Trend:Increase 147.27% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 71.09 (%).Trend:Decrease 57.49% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 10.29 (%).Trend:Decrease 85.53% than previous quarter

Overall: decreasing (-93.85%). 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 13.84 (%).Trend:Decrease 17.32% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 12.34 (%).Trend:Decrease 10.84% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 3.14 (%).Trend:Decrease 74.55% than previous quarter

Overall: decreasing (-77.31%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.12 (USD).Trend:Decrease 80.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.47 (USD).Trend:Increase 291.67% than previous quarter
Year 2023 Quarter 3: Earning Per Share -2.73 (USD).Trend:Increase 480.85% than previous quarter

Overall: decreasing (2175.0%). Fluctuation: **Significant** (high variation).



From Q1 2023 to Q3 2023, a sharp decline is evident in key financial metrics.  Liabilities on Revenue decreased significantly (-69.81%), similarly Current assets on Revenue also fell (-68.41%).  A drastic drop is observed in the Ratio of Retained Earnings to Revenue (-93.85%) and Retained Earning on Assets (-77.31%).  Earning Per Share also experienced a dramatic decrease (2175.0%).  All show significant fluctuation. Data covers three quarters.