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 419.6 (%).Trend:Increase 231.91% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 199.05 (%).Trend:Decrease 52.56% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 219.96 (%).Trend:Increase 10.5% than previous quarter

Overall: decreasing (-47.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 312.42 (%).Trend:Increase 218.93% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 146.78 (%).Trend:Decrease 53.02% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 166.23 (%).Trend:Increase 13.25% than previous quarter

Overall: decreasing (-46.79%). 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 -431.37 (%).Trend:Decrease 1845.02% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -303.86 (%).Trend:Decrease 29.56% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -311.97 (%).Trend:Increase 2.67% than previous quarter

Overall: increasing (-27.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.6 (%).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.07 (%).Trend:Decrease 1.85% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.3 (%).Trend:Decrease 24.12% than previous quarter

Overall: decreasing (-25.52%). Fluctuation: **Neutral** (moderate 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 -24.79 (%).Trend:Decrease 826.98% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -41.15 (%).Trend:Increase 65.99% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -42.89 (%).Trend:Increase 4.23% than previous quarter

Overall: decreasing (73.01%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.24 (USD).Trend:Decrease 77.36% than previous quarter
Year 2023 Quarter 2: Earning Per Share -10.91 (USD).Trend:Decrease 4645.83% than previous quarter
Year 2023 Quarter 3: Earning Per Share -11.66 (USD).Trend:Increase 6.87% than previous quarter

Overall: decreasing (-4958.33%). Fluctuation: **Significant** (high variation).



Working capital efficiency in Q1-Q3 2023 shows significant volatility. Liabilities on revenue decreased overall but saw substantial increases and decreases throughout the period. Current assets on revenue also exhibited substantial fluctuations, decreasing overall but increasing in the first and third quarters.  Cost efficiency reveals significant fluctuation in the ratio of retained earnings to revenue, with substantial negative values in each quarter.  The SG&A expense ratio decreased considerably, while investment efficiency demonstrates considerable volatility in retained earnings on assets.  Earnings per share also decreased significantly overall, with dramatic negative values in several quarters.  The overall financial picture points to significant instability.