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 60.92 (%).Trend:Increase 192.88% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 29.97 (%).Trend:Decrease 50.8% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 20.23 (%).Trend:Decrease 32.5% than previous quarter

Overall: decreasing (-66.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 266.27 (%).Trend:Increase 236.41% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 121.41 (%).Trend:Decrease 54.4% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 78.94 (%).Trend:Decrease 34.98% than previous quarter

Overall: decreasing (-70.35%). 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 -33.43 (%).Trend:Increase 735.75% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -19.85 (%).Trend:Decrease 40.62% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -16.96 (%).Trend:Decrease 14.56% than previous quarter

Overall: increasing (-49.27%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.48 (%).Trend:Increase 7.96% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.88 (%).Trend:Decrease 4.81% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.39 (%).Trend:Increase 4.29% than previous quarter

Overall: decreasing (-0.72%). 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 -7.78 (%).Trend:Increase 137.92% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -9.7 (%).Trend:Increase 24.68% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -12.52 (%).Trend:Increase 29.07% than previous quarter

Overall: decreasing (60.93%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q1 2023 to Q3 2023 show a concerning decline in working capital efficiency, with liabilities and current assets on revenue decreasing across the period, though Q1 shows large initial increases. Cost efficiency shows considerable fluctuation in retained earnings, with a slight decline in SG&A expense.  Investment efficiency reveals a consistent but significant decrease in retained earnings on assets. The data suggest a need for immediate attention to working capital and asset management, as well as potential underlying cost issues needing addressing.