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 159.66 (%).Trend:Increase 189.45% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 77.32 (%).Trend:Decrease 51.57% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 50.09 (%).Trend:Decrease 35.22% than previous quarter

Overall: decreasing (-68.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 477.33 (%).Trend:Increase 134.57% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 236.75 (%).Trend:Decrease 50.4% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 160.33 (%).Trend:Decrease 32.28% than previous quarter

Overall: decreasing (-66.41%). 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 -201.28 (%).Trend:Increase 183.45% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -99.49 (%).Trend:Decrease 50.57% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -61.65 (%).Trend:Decrease 38.03% than previous quarter

Overall: increasing (-69.37%). 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 -35.27 (%).Trend:Increase 17.33% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -35.22 (%).Trend:Decrease 0.14% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -32.39 (%).Trend:Decrease 8.04% than previous quarter

Overall: increasing (-8.17%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 123.21% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.1 (USD).Trend:Decrease 23.08% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.22 (USD).Trend:Increase 120.0% than previous quarter

Overall: increasing (69.23%). Fluctuation: **Significant** (high variation).



Q1 2023 to Q3 2023 financial reports display considerable volatility. Liability-to-revenue ratios are decreasing overall, though with significant quarter-to-quarter fluctuations. Current asset-to-revenue ratios show a similar decreasing trend, but with large changes in each quarter. Cost efficiency (ratio of retained earnings to revenue) increases overall, yet with substantial variations. Investment efficiency (retained earnings on assets) trends upward but sees noteworthy fluctuations. Earnings per share also reveal a pattern of increases and decreases with large quarter-to-quarter changes.  Overall, financial performance is marked by significant volatility.