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 107.75 (%).Trend:Increase 178.42% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 56.14 (%).Trend:Decrease 47.9% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 37.62 (%).Trend:Decrease 32.99% than previous quarter

Overall: decreasing (-65.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 284.09 (%).Trend:Increase 202.45% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 143.56 (%).Trend:Decrease 49.47% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 95.94 (%).Trend:Decrease 33.17% than previous quarter

Overall: decreasing (-66.23%). 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 -362.03 (%).Trend:Increase 176.08% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -184.47 (%).Trend:Decrease 49.05% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -123.31 (%).Trend:Decrease 33.15% than previous quarter

Overall: increasing (-65.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.09 (%).Trend:Decrease 6.7% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.0 (%).Trend:Decrease 0.37% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.45 (%).Trend:Increase 1.87% than previous quarter

Overall: increasing (1.49%). 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 -80.48 (%).Trend:Decrease 4.76% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -81.86 (%).Trend:Increase 1.71% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -82.36 (%).Trend:Increase 0.61% than previous quarter

Overall: decreasing (2.34%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.34 (USD).Trend:Decrease 111.81% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.99 (USD).Trend:Increase 191.18% than previous quarter
Year 2023 Quarter 3: Earning Per Share -0.21 (USD).Trend:Decrease 78.79% than previous quarter

Overall: increasing (-38.24%). Fluctuation: **Significant** (high variation).



Financial data for Q1-Q3 2023 reveals significant volatility across key metrics.  Working capital efficiency exhibits substantial fluctuations, with liabilities and current assets on revenue both declining sharply, though not consistently. Cost efficiency is mixed; the Selling, General, and Administrative (SG&A) expense ratio shows minor changes, while the retained earnings to revenue ratio increases but is highly variable.  Investment efficiency and earnings per share also display significant fluctuations, with decreasing trends overall.  The variability in these financial indicators suggests a need for deeper analysis to determine underlying causes and potential risks.