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 112.86 (%).Trend:Increase 86.02% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 61.17 (%).Trend:Decrease 45.8% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 40.22 (%).Trend:Decrease 34.25% than previous quarter

Overall: decreasing (-64.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 371.11 (%).Trend:Increase 156.36% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 182.05 (%).Trend:Decrease 50.94% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 86.53 (%).Trend:Decrease 52.47% than previous quarter

Overall: decreasing (-76.68%). 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 -689.43 (%).Trend:Increase 201.18% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -342.57 (%).Trend:Decrease 50.31% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -249.23 (%).Trend:Decrease 27.25% than previous quarter

Overall: increasing (-63.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.27 (%).Trend:Decrease 1.14% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.42 (%).Trend:Increase 1.33% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.54 (%).Trend:Increase 1.05% than previous quarter

Overall: increasing (2.4%). 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 -50.49 (%).Trend:Decrease 1.88% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -51.32 (%).Trend:Increase 1.64% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -58.4 (%).Trend:Increase 13.8% than previous quarter

Overall: decreasing (15.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.56 (USD).Trend:Decrease 82.77% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.27 (USD).Trend:Decrease 51.79% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.97 (USD).Trend:Increase 259.26% than previous quarter

Overall: increasing (73.21%). Fluctuation: **Significant** (high variation).



Financial data for Q1-Q3 2023 reveal significant volatility in key financial metrics. Liabilities and current assets on revenue declined sharply after a large increase in Q1, suggesting a decrease in working capital efficiency. Cost efficiency metrics, specifically the ratio of retained earnings to revenue, display substantial fluctuation despite an overall increasing trend. Selling, General, and Administrative (SG&A) expense ratios show a modest overall increase, but with minimal variation. Investment efficiency, indicated by retained earnings on assets, decreased.  Earnings per share showed both increases and decreases, with a positive overall trend.