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 134.98 (%).Trend:Increase 254.65% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 69.44 (%).Trend:Decrease 48.56% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 43.2 (%).Trend:Decrease 37.79% than previous quarter

Overall: decreasing (-68.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 226.01 (%).Trend:Increase 25.49% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 110.69 (%).Trend:Decrease 51.02% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 70.33 (%).Trend:Decrease 36.46% than previous quarter

Overall: decreasing (-68.88%). 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 395.69 (%).Trend:Increase 173.85% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 202.43 (%).Trend:Decrease 48.84% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 147.03 (%).Trend:Decrease 27.37% than previous quarter

Overall: decreasing (-62.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.99 (%).Trend:Increase 31.79% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.9 (%).Trend:Decrease 0.9% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.59 (%).Trend:Decrease 3.13% than previous quarter

Overall: decreasing (-4.0%). 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 43.27 (%).Trend:Decrease 12.76% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 44.57 (%).Trend:Increase 3.0% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 48.19 (%).Trend:Increase 8.12% than previous quarter

Overall: increasing (11.37%). Fluctuation: **Little** (low variation).

Earning Per Share


The financial statements for Q1-Q3 2023 indicate a critical need for improvement in working capital efficiency.  Liabilities and current assets on revenue have significantly decreased across the three quarters, with high fluctuations. Cost efficiency also shows concern, with the ratio of retained earnings to revenue declining substantially. While the SG&A expense ratio shows a relatively stable decline, investment efficiency with a modest rise in retained earnings on assets is positive.  Overall, the data highlights significant volatility across various metrics, demanding close attention to operational and financial strategies.