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 77.81 (%).Trend:Increase 117.71% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 44.39 (%).Trend:Decrease 42.95% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 31.33 (%).Trend:Decrease 29.42% than previous quarter

Overall: decreasing (-59.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 226.86 (%).Trend:Increase 163.3% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 122.85 (%).Trend:Decrease 45.85% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 82.95 (%).Trend:Decrease 32.48% than previous quarter

Overall: decreasing (-63.44%). 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 386.99 (%).Trend:Increase 187.98% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 197.97 (%).Trend:Decrease 48.84% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 136.88 (%).Trend:Decrease 30.86% than previous quarter

Overall: decreasing (-64.63%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 95.86 (%).Trend:Increase 3.32% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 91.9 (%).Trend:Decrease 4.13% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 94.03 (%).Trend:Increase 2.32% than previous quarter

Overall: decreasing (-1.91%). Fluctuation: **Little** (low variation).

Earning Per Share


2023 financial performance indicates a concerning trend. Liabilities and current assets on revenue are both declining significantly, suggesting a potentially unsustainable short-term financial position with significant fluctuation. The ratio of retained earnings to revenue also decreased sharply. Investment efficiency, however, shows a small decline with little fluctuation in retained earnings on assets. Further analysis is needed to understand the drivers of these trends and their implications for future performance.