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 92.67 (%).Trend:Increase 125.42% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 49.34 (%).Trend:Decrease 46.76% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 39.8 (%).Trend:Decrease 19.34% than previous quarter

Overall: decreasing (-57.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 307.84 (%).Trend:Increase 192.54% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 174.46 (%).Trend:Decrease 43.33% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 132.13 (%).Trend:Decrease 24.26% than previous quarter

Overall: decreasing (-57.08%). 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 -29.04 (%).Trend:Increase 92.32% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -8.82 (%).Trend:Decrease 69.63% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -6.32 (%).Trend:Decrease 28.34% than previous quarter

Overall: increasing (-78.24%). 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 -3.44 (%).Trend:Decrease 19.81% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -2.02 (%).Trend:Decrease 41.28% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -2.04 (%).Trend:Increase 0.99% than previous quarter

Overall: increasing (-40.7%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.11 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.22 (USD).Trend:Increase 100.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.21 (USD).Trend:Decrease 4.55% than previous quarter

Overall: increasing (90.91%). Fluctuation: **Significant** (high variation).



Q1 2023 to Q3 2023 data reveals significant fluctuations in working capital efficiency. Both liabilities on revenue (-57.05%) and current assets on revenue (-57.08%) decreased substantially. Cost efficiency deteriorated; the ratio of retained earnings to revenue negatively increased by -78.24%.  However, a positive trend is indicated by the 90.91% increase in earnings per share and the negative improvement in retained earnings on assets (-40.7%).