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 25.62 (%).Trend:Decrease 23.09% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 80.78 (%).Trend:Increase 215.3% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 16.94 (%).Trend:Decrease 79.03% than previous quarter

Overall: decreasing (-33.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 118.49 (%).Trend:Decrease 27.55% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 350.78 (%).Trend:Increase 196.04% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 80.23 (%).Trend:Decrease 77.13% than previous quarter

Overall: decreasing (-32.29%). Fluctuation: **Significant** (high 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 120.05 (%).Trend:Decrease 35.37% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 253.51 (%).Trend:Increase 111.17% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 60.32 (%).Trend:Decrease 76.21% than previous quarter

Overall: decreasing (-49.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 37.68 (%).Trend:Increase 11.08% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.92 (%).Trend:Decrease 12.63% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.46 (%).Trend:Decrease 37.85% than previous quarter

Overall: decreasing (-45.7%). Fluctuation: **Significant** (high variation).


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 40.52 (%).Trend:Decrease 8.2% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 35.8 (%).Trend:Decrease 11.65% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 39.42 (%).Trend:Increase 10.11% than previous quarter

Overall: decreasing (-2.71%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.14 (USD).Trend:Increase 78.12% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 99.12% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.59 (USD).Trend:Decrease 6000.0% than previous quarter

Overall: increasing (-151.75%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q3 2023 show significant volatility in financial performance. Working capital metrics demonstrate fluctuation, with both increases and decreases in liabilities and current assets on revenue. Cost efficiency (retained earnings and SG&A) reveal significant decreases with high volatility, while investment efficiency exhibits a steady decline. Earnings per share display substantial variation, indicating uncertainty in profitability.