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 123.59 (%).Trend:Increase 215.76% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 62.23 (%).Trend:Decrease 49.65% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 40.57 (%).Trend:Decrease 34.81% than previous quarter

Overall: decreasing (-67.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 324.29 (%).Trend:Increase 275.99% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 148.33 (%).Trend:Decrease 54.26% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 94.5 (%).Trend:Decrease 36.29% than previous quarter

Overall: decreasing (-70.86%). 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 30.16 (%).Trend:Increase 48.86% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1.51 (%).Trend:Decrease 105.01% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -4.38 (%).Trend:Increase 190.07% than previous quarter

Overall: decreasing (-114.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 48.7 (%).Trend:Increase 8.34% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 46.16 (%).Trend:Decrease 5.22% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 45.35 (%).Trend:Decrease 1.75% than previous quarter

Overall: decreasing (-6.88%). 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 4.85 (%).Trend:Decrease 55.95% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -0.52 (%).Trend:Decrease 110.72% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -2.35 (%).Trend:Increase 351.92% than previous quarter

Overall: decreasing (-148.45%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -1.12 (USD).Trend:Decrease 16.42% than previous quarter
Year 2023 Quarter 2: Earning Per Share -2.62 (USD).Trend:Increase 133.93% than previous quarter
Year 2023 Quarter 3: Earning Per Share -3.08 (USD).Trend:Increase 17.56% than previous quarter

Overall: decreasing (175.0%). Fluctuation: **Significant** (high variation).



From Q1 2023 to Q3 2023, a significant decrease is observed across Liabilities on Revenue and Current Assets on Revenue.  The Ratio of Retained Earnings to Revenue also significantly decreased.  Conversely, the Selling, General & Administrative (SG&A) Expense Ratio showed a small decrease.  Retained Earnings on Assets and Earnings Per Share both decreased sharply.