Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 68.28 (%).Trend:Decrease 33.87% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 88.09 (%).Trend:Increase 29.01% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 59.61 (%).Trend:Decrease 32.33% than previous quarter

Overall: decreasing (-12.7%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 190.16 (%).Trend:Decrease 39.07% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 239.43 (%).Trend:Increase 25.91% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 162.96 (%).Trend:Decrease 31.94% than previous quarter

Overall: decreasing (-14.3%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -1036.76 (%).Trend:Decrease 31.12% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -1438.27 (%).Trend:Increase 38.73% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -949.79 (%).Trend:Decrease 33.96% than previous quarter

Overall: increasing (-8.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 65.84 (%).Trend:Decrease 5.85% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 77.1 (%).Trend:Increase 17.1% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 72.12 (%).Trend:Decrease 6.46% than previous quarter

Overall: increasing (9.54%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets -329.15 (%).Trend:Increase 9.8% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -356.12 (%).Trend:Increase 8.19% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -353.36 (%).Trend:Decrease 0.78% than previous quarter

Overall: decreasing (7.36%). Fluctuation: **Significant** (high variation).

Earning Per Share


From Q3 2022 to Q3 2023, liabilities on revenue decreased overall by 12.7%, while current assets on revenue decreased by 14.3%, both showing moderate fluctuation.  The ratio of retained earnings to revenue increased by -8.39% with significant fluctuation.  The SG&A expense ratio increased by 9.54% with little fluctuation. Retained earnings on assets decreased by 7.36% with significant fluctuation.