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 98.01 (%).Trend:Increase 300.2% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.35 (%).Trend:Decrease 50.67% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 30.29 (%).Trend:Decrease 37.35% than previous quarter

Overall: decreasing (-69.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 105.6 (%).Trend:Increase 207.07% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 53.44 (%).Trend:Decrease 49.39% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 34.99 (%).Trend:Decrease 34.52% than previous quarter

Overall: decreasing (-66.87%). 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 -93.86 (%).Trend:Increase 200.06% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -43.46 (%).Trend:Decrease 53.7% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -27.88 (%).Trend:Decrease 35.85% than previous quarter

Overall: increasing (-70.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.01 (%).Trend:Increase 11.37% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36.49 (%).Trend:Decrease 4.0% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36.17 (%).Trend:Decrease 0.88% than previous quarter

Overall: decreasing (-4.84%). 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 -43.73 (%).Trend:Decrease 5.33% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -40.25 (%).Trend:Decrease 7.96% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -39.36 (%).Trend:Decrease 2.21% than previous quarter

Overall: increasing (-9.99%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 2023 to Q3 2023 show considerable volatility. Liabilities and current assets on revenue decreased, experiencing a substantial increase in Q1 before declining in Q2 and Q3. The ratio of retained earnings to revenue displayed a substantial decrease, with considerable variation across quarters.  The selling, general, and administrative (SG&A) expense ratio showed a slight overall decrease.  Investment efficiency displayed a slight downward trend in retained earnings on assets. Overall, the high degree of fluctuation across financial metrics indicates instability, potentially from operational shifts or market conditions.