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 159.07 (%).Trend:Increase 218.08% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 77.26 (%).Trend:Decrease 51.43% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 55.29 (%).Trend:Decrease 28.44% than previous quarter

Overall: decreasing (-65.24%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 823.15 (%).Trend:Increase 356.52% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 382.0 (%).Trend:Decrease 53.59% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 234.42 (%).Trend:Decrease 38.63% than previous quarter

Overall: decreasing (-71.52%). 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 -3561.08 (%).Trend:Increase 236.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1849.44 (%).Trend:Decrease 48.07% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -1287.07 (%).Trend:Decrease 30.41% than previous quarter

Overall: increasing (-63.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 92.79 (%).Trend:Increase 3.47% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 92.28 (%).Trend:Decrease 0.55% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 90.12 (%).Trend:Decrease 2.34% than previous quarter

Overall: decreasing (-2.88%). 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 -422.98 (%).Trend:Decrease 25.08% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -473.66 (%).Trend:Increase 11.98% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -535.34 (%).Trend:Increase 13.02% than previous quarter

Overall: decreasing (26.56%). Fluctuation: **Significant** (high variation).

Earning Per Share


The review of Q1 2023 to Q3 2023 data highlights substantial decreases in both Liabilities on Revenue (-65.24%) and Current Assets on Revenue (-71.52%), suggesting potential concerns regarding working capital.  Cost efficiency is a major concern, demonstrated by a considerable increase in the negative Ratio of Retained Earnings to Revenue (-63.86%).  Conversely, the Selling, General & Administrative (SG&A) Expense Ratio exhibited a minor decrease (-2.88%). Investment efficiency, indicated by Retained Earning on Assets, also declined significantly (-26.56%).