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 66.28 (%).Trend:Increase 237.82% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.42 (%).Trend:Decrease 49.58% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.2 (%).Trend:Decrease 30.58% than previous quarter

Overall: decreasing (-65.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 104.49 (%).Trend:Increase 185.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 52.66 (%).Trend:Decrease 49.6% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 37.77 (%).Trend:Decrease 28.28% than previous quarter

Overall: decreasing (-63.85%). 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 197.06 (%).Trend:Increase 230.86% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 94.59 (%).Trend:Decrease 52.0% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 62.37 (%).Trend:Decrease 34.06% than previous quarter

Overall: decreasing (-68.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.9 (%).Trend:Increase 10.01% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.23 (%).Trend:Decrease 2.32% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.08 (%).Trend:Decrease 0.53% than previous quarter

Overall: decreasing (-2.84%). 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 63.14 (%).Trend:Increase 11.44% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 62.89 (%).Trend:Decrease 0.4% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 63.47 (%).Trend:Increase 0.92% than previous quarter

Overall: increasing (0.52%). Fluctuation: **Little** (low variation).

Earning Per Share


The data from Q1 2023 to Q3 2023 reveals a significant downward trend in working capital efficiency metrics (liabilities and current assets on revenue) and cost efficiency (retained earnings).  Conversely, SG&A expense ratio and retained earnings on assets show minimal change, suggesting stable administrative costs and investment efficiency.  Earning per share data is absent.