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 67.83 (%).Trend:Increase 174.84% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.64 (%).Trend:Decrease 50.41% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 38.52 (%).Trend:Increase 14.51% than previous quarter

Overall: decreasing (-43.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 511.07 (%).Trend:Increase 297.19% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 235.1 (%).Trend:Decrease 54.0% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 163.35 (%).Trend:Decrease 30.52% than previous quarter

Overall: decreasing (-68.04%). 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 815.82 (%).Trend:Increase 270.2% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 367.69 (%).Trend:Decrease 54.93% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 255.94 (%).Trend:Decrease 30.39% than previous quarter

Overall: decreasing (-68.63%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 29.67 (%).Trend:Increase 9.2% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.57 (%).Trend:Decrease 10.45% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.94 (%).Trend:Increase 8.92% than previous quarter

Overall: decreasing (-2.46%). 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 72.77 (%).Trend:Increase 3.82% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 71.73 (%).Trend:Decrease 1.43% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 69.63 (%).Trend:Decrease 2.93% than previous quarter

Overall: decreasing (-4.31%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q1 2023 to Q3 2023 reveal significant volatility in working capital efficiency. Liabilities and current assets on revenue show considerable increases and decreases between quarters. Cost efficiency, particularly the ratio of retained earnings to revenue, exhibits significant volatility. The SG&A expense ratio shows a slight downward trend overall. Investment efficiency, measured by retained earnings on assets, shows a minor decrease.