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 257.6 (%).Trend:Increase 166.8% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 128.72 (%).Trend:Decrease 50.03% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 87.96 (%).Trend:Decrease 31.67% than previous quarter

Overall: decreasing (-65.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 653.52 (%).Trend:Increase 111.76% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 318.63 (%).Trend:Decrease 51.24% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 208.88 (%).Trend:Decrease 34.44% than previous quarter

Overall: decreasing (-68.04%). 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 -447.04 (%).Trend:Increase 183.49% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -239.23 (%).Trend:Decrease 46.49% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -167.77 (%).Trend:Decrease 29.87% than previous quarter

Overall: increasing (-62.47%). 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 -48.64 (%).Trend:Increase 18.9% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -53.54 (%).Trend:Increase 10.07% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -57.74 (%).Trend:Increase 7.84% than previous quarter

Overall: decreasing (18.71%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.38 (USD).Trend:Decrease 59.57% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.81 (USD).Trend:Increase 113.16% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.18 (USD).Trend:Increase 45.68% than previous quarter

Overall: decreasing (210.53%). Fluctuation: **Significant** (high variation).



Q1 2023 to Q3 2023 data indicates substantial volatility. Liabilities and current assets on revenue decreased significantly, showcasing substantial fluctuations.  The ratio of retained earnings to revenue increased overall, but also experienced considerable variation.  Retained earnings on assets and earnings per share also decreased, both showing high volatility. This instability requires in-depth analysis to identify underlying causes.