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 102.72 (%).Trend:Increase 285.15% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 50.22 (%).Trend:Decrease 51.11% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 35.75 (%).Trend:Decrease 28.81% than previous quarter

Overall: decreasing (-65.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 244.83 (%).Trend:Increase 237.6% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 114.4 (%).Trend:Decrease 53.27% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 75.81 (%).Trend:Decrease 33.73% than previous quarter

Overall: decreasing (-69.04%). 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 35.39 (%).Trend:Increase 8.96% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 14.64 (%).Trend:Decrease 58.63% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 7.93 (%).Trend:Decrease 45.83% than previous quarter

Overall: decreasing (-77.59%). 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 2.47 (%).Trend:Decrease 65.84% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 2.06 (%).Trend:Decrease 16.6% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 1.64 (%).Trend:Decrease 20.39% than previous quarter

Overall: decreasing (-33.6%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial data for Q1-Q3 2023 indicates a downward trend in working capital efficiency. Liabilities on revenue decreased from Q1 to Q3, exhibiting large quarterly variations. Current assets on revenue similarly show a significant overall decline. Cost efficiency, as measured by the retained earnings to revenue ratio, is decreasing dramatically, reflecting significant quarterly volatility. Investment efficiency, represented by retained earnings on assets, is consistently declining but with less substantial quarter-to-quarter differences.