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 137.64 (%).Trend:Increase 167.57% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.69 (%).Trend:Decrease 69.71% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 40.16 (%).Trend:Decrease 3.67% than previous quarter

Overall: decreasing (-70.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 106.27 (%).Trend:Increase 222.03% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 50.21 (%).Trend:Decrease 52.75% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 40.56 (%).Trend:Decrease 19.22% than previous quarter

Overall: decreasing (-61.83%). 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 408.63 (%).Trend:Increase 208.63% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 206.54 (%).Trend:Decrease 49.46% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 140.26 (%).Trend:Decrease 32.09% than previous quarter

Overall: decreasing (-65.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.12 (%).Trend:Increase 11.63% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.07 (%).Trend:Decrease 3.73% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.46 (%).Trend:Decrease 2.25% than previous quarter

Overall: decreasing (-5.9%). 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 45.93 (%).Trend:Decrease 0.04% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 46.89 (%).Trend:Increase 2.09% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 44.74 (%).Trend:Decrease 4.59% than previous quarter

Overall: decreasing (-2.59%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance during Q1-Q3 2023 reveals significant volatility.  Liabilities on revenue decreased from Q1 to Q3, though Q1 saw a considerable increase compared to the previous quarter.  Current assets on revenue also followed a volatile trend, significantly increasing in Q1, then decreasing substantially in subsequent quarters. Cost efficiency shows a considerable decline in the ratio of retained earnings to revenue across all quarters, exhibiting significant fluctuations.  Conversely, the SG&A expense ratio shows a slight, steady decline, demonstrating minimal fluctuation. Investment efficiency shows a minor overall decrease in retained earnings on assets with little fluctuation.