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 89.56 (%).Trend:Increase 166.15% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42.34 (%).Trend:Decrease 52.72% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 28.19 (%).Trend:Decrease 33.42% than previous quarter

Overall: decreasing (-68.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 161.32 (%).Trend:Increase 214.4% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 73.09 (%).Trend:Decrease 54.69% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 46.64 (%).Trend:Decrease 36.19% than previous quarter

Overall: decreasing (-71.09%). 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 0.5 (%).Trend:Decrease 38.27% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 1.11 (%).Trend:Increase 122.0% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 1.34 (%).Trend:Increase 20.72% than previous quarter

Overall: increasing (168.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.47 (%).Trend:Increase 35.9% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.34 (%).Trend:Decrease 18.57% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.77 (%).Trend:Decrease 6.1% than previous quarter

Overall: decreasing (-23.54%). 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 0.21 (%).Trend:Decrease 79.81% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.01 (%).Trend:Increase 380.95% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 1.88 (%).Trend:Increase 86.14% than previous quarter

Overall: increasing (795.24%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial data from Q1 to Q3 2023 show significant fluctuations. Liabilities on revenue decreased from Q1 to Q3 2023. Current assets on revenue also declined during the same period. Cost efficiency, measured by the ratio of retained earnings to revenue, shows an increase from Q1 to Q3 2023. The selling, general, and administrative (SG&A) expense ratio decreased overall. Investment efficiency, measured by retained earnings on assets, shows a large increase.