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 130.02 (%).Trend:Increase 283.2% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 66.07 (%).Trend:Decrease 49.18% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 41.21 (%).Trend:Decrease 37.63% than previous quarter

Overall: decreasing (-68.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 185.08 (%).Trend:Increase 293.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 94.85 (%).Trend:Decrease 48.75% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 57.27 (%).Trend:Decrease 39.62% than previous quarter

Overall: decreasing (-69.06%). 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 212.45 (%).Trend:Increase 256.4% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 107.98 (%).Trend:Decrease 49.17% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 68.05 (%).Trend:Decrease 36.98% than previous quarter

Overall: decreasing (-67.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.14 (%).Trend:Increase 10.36% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.15 (%).Trend:Increase 0.14% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.19 (%).Trend:Decrease 13.43% than previous quarter

Overall: decreasing (-13.31%). 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 38.33 (%).Trend:Decrease 2.44% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 38.82 (%).Trend:Increase 1.28% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 40.49 (%).Trend:Increase 4.3% than previous quarter

Overall: increasing (5.64%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q1 to Q3 2023 reveal mostly decreasing trends.  Working capital efficiency (liabilities and current assets on revenue) and cost efficiency (ratio of retained earnings to revenue) show substantial declines, fluctuating significantly. SG&A expense ratios show little fluctuation.  Investment efficiency, with retained earnings on assets, shows a small increase.