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 60.03 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 29.05 (%).Trend:Decrease 51.61% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.15 (%).Trend:Decrease 34.08% than previous quarter

Overall: decreasing (-68.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 21.96 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 12.01 (%).Trend:Decrease 45.31% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 6.98 (%).Trend:Decrease 41.88% than previous quarter

Overall: decreasing (-68.21%). 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 -50.73 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -23.13 (%).Trend:Decrease 54.41% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -13.28 (%).Trend:Decrease 42.59% than previous quarter

Overall: increasing (-73.82%). 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 -19.44 (%).Trend:Increase 153.46% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -18.13 (%).Trend:Decrease 6.74% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -16.39 (%).Trend:Decrease 9.6% than previous quarter

Overall: increasing (-15.69%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1 2023 – Q3 2023 data shows a substantial decrease in both liabilities and current assets as a percentage of revenue (-68.1% and -68.21%, respectively), suggesting improved working capital efficiency.  The ratio of retained earnings to revenue also demonstrates improvement (-73.82%), despite notable fluctuations. Retained earnings on assets show an increase, also with fluctuations. The data suggests positive trends overall, but warrants further investigation due to the significant volatility.