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 1446.57 (%).Trend:Increase 45.5% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 761.59 (%).Trend:Decrease 47.35% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 437.45 (%).Trend:Decrease 42.56% than previous quarter

Overall: decreasing (-69.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 2736.55 (%).Trend:Increase 95.52% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 1377.38 (%).Trend:Decrease 49.67% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 840.05 (%).Trend:Decrease 39.01% than previous quarter

Overall: decreasing (-69.3%). 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 -272.47 (%).Trend:Increase 161.71% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -147.27 (%).Trend:Decrease 45.95% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -102.26 (%).Trend:Decrease 30.56% 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 -6.77 (%).Trend:Increase 35.13% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -7.41 (%).Trend:Increase 9.45% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -8.31 (%).Trend:Increase 12.15% than previous quarter

Overall: decreasing (22.75%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.78 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -1.68 (USD).Trend:Increase 115.38% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.96 (USD).Trend:Increase 16.67% than previous quarter

Overall: decreasing (151.28%). Fluctuation: **Significant** (high variation).



Q1-Q3 2023 financial statements show a concerning trend of decreasing values across multiple metrics. Liabilities on revenue decreased significantly (-69.76%) with high variability. Current assets on revenue also decreased considerably (-69.3%) and exhibit significant volatility. The ratio of retained earnings to revenue shows an increase (-62.47%), though still exhibiting substantial fluctuations. Investment efficiency, as measured by retained earnings on assets, also shows a decreasing trend (22.75%) with significant variations.  Earnings per share show a steep decline (151.28%) with significant volatility.