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 153.17 (%).Trend:Increase 328.45% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 100.07 (%).Trend:Decrease 34.67% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 51.24 (%).Trend:Decrease 48.8% than previous quarter

Overall: decreasing (-66.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 203.91 (%).Trend:Increase 299.67% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 106.48 (%).Trend:Decrease 47.78% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 59.1 (%).Trend:Decrease 44.5% than previous quarter

Overall: decreasing (-71.02%). 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 8.35 (%).Trend:Increase 23.7% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -2.25 (%).Trend:Decrease 126.95% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 4.35 (%).Trend:Decrease 293.33% than previous quarter

Overall: decreasing (-47.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 51.08 (%).Trend:Increase 29.74% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 45.05 (%).Trend:Decrease 11.81% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 43.14 (%).Trend:Decrease 4.24% than previous quarter

Overall: decreasing (-15.54%). 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 1.43 (%).Trend:Decrease 68.22% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -0.87 (%).Trend:Decrease 160.84% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 2.7 (%).Trend:Decrease 410.34% than previous quarter

Overall: increasing (88.81%). Fluctuation: **Significant** (high variation).

Earning Per Share


The Q1 2023 - Q3 2023 data reveals significant fluctuations in key financial ratios.  Both liabilities and current assets on revenue experienced sharp declines (-66.55% and -71.02%), suggesting potential liquidity issues.  Cost efficiency is severely hampered by a dramatic decrease (-47.9%) in the ratio of retained earnings to revenue. Conversely, SG&A expenses show a less dramatic decrease (-15.54%).  Investment efficiency, as measured by retained earnings on assets, shows a substantial increase (88.81%), but with high volatility.