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 82.89 (%).Trend:Increase 145.38% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 45.3 (%).Trend:Decrease 45.35% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 31.83 (%).Trend:Decrease 29.74% than previous quarter

Overall: decreasing (-61.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 308.21 (%).Trend:Increase 34.09% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 165.23 (%).Trend:Decrease 46.39% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 117.32 (%).Trend:Decrease 29.0% than previous quarter

Overall: decreasing (-61.94%). 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 98.61 (%).Trend:Increase 118.45% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 38.2 (%).Trend:Decrease 61.26% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 17.93 (%).Trend:Decrease 53.06% than previous quarter

Overall: decreasing (-81.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.54 (%).Trend:Increase 10.44% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.94 (%).Trend:Increase 1.77% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.89 (%).Trend:Decrease 0.22% than previous quarter

Overall: increasing (1.55%). 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 13.32 (%).Trend:Decrease 22.65% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 9.7 (%).Trend:Decrease 27.18% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 6.63 (%).Trend:Decrease 31.65% than previous quarter

Overall: decreasing (-50.23%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.29 (USD).Trend:Decrease 38.3% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.91 (USD).Trend:Increase 213.79% than previous quarter
Year 2023 Quarter 3: Earning Per Share -1.42 (USD).Trend:Increase 56.04% than previous quarter

Overall: decreasing (389.66%). Fluctuation: **Significant** (high variation).



Significant decreases are observed in working capital efficiency metrics (liabilities and current assets on revenue) and cost efficiency (ratio of retained earnings to revenue) across Q1-Q3 2023, indicating potential concerns.  SG&A expense ratio showed only minor increases. Investment efficiency, reflected in retained earnings on assets, also declined considerably.  Earnings per share dramatically decreased, suggesting substantial financial challenges.  High fluctuation across most metrics requires further investigation.