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 162.3 (%).Trend:Increase 165.15% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 57.96 (%).Trend:Decrease 64.29% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 40.15 (%).Trend:Decrease 30.73% than previous quarter

Overall: decreasing (-75.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 111.2 (%).Trend:Increase 118.55% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 41.16 (%).Trend:Decrease 62.99% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 26.05 (%).Trend:Decrease 36.71% than previous quarter

Overall: decreasing (-76.57%). 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 5.03 (%).Trend:Decrease 1.76% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 9.65 (%).Trend:Increase 91.85% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 9.77 (%).Trend:Increase 1.24% than previous quarter

Overall: increasing (94.23%). 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 0.6 (%).Trend:Decrease 72.48% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 3.17 (%).Trend:Increase 428.33% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 5.01 (%).Trend:Increase 58.04% than previous quarter

Overall: increasing (735.0%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.17 (USD).Trend:Decrease 200.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.18 (USD).Trend:Decrease 205.88% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.42 (USD).Trend:Increase 133.33% than previous quarter

Overall: increasing (-347.06%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2023 to Q3 2023 reveals extreme volatility. Working capital efficiency, including liabilities and current assets as a percentage of revenue, shows significant decreases with large quarter-to-quarter changes.  Cost efficiency, measured by the retained earnings-to-revenue ratio, shows an overall upward trend, though with marked volatility.  Invest efficiency, as reflected in retained earnings on assets, also indicates an increasing trend, yet it is subject to substantial fluctuations.  Earnings per share show an increasing trend, though with considerable fluctuations and negative values present in some quarters.