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 240.9 (%).Trend:Increase 114.67% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 114.51 (%).Trend:Decrease 52.47% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 99.98 (%).Trend:Decrease 12.69% than previous quarter

Overall: decreasing (-58.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 301.93 (%).Trend:Increase 127.84% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 129.24 (%).Trend:Decrease 57.2% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 110.44 (%).Trend:Decrease 14.55% than previous quarter

Overall: decreasing (-63.42%). 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 3.39 (%).Trend:Decrease 116.27% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 8.36 (%).Trend:Increase 146.61% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 9.88 (%).Trend:Increase 18.18% than previous quarter

Overall: increasing (191.45%). 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 0.39 (%).Trend:Decrease 108.14% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 2.0 (%).Trend:Increase 412.82% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 3.26 (%).Trend:Increase 63.0% than previous quarter

Overall: increasing (735.9%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Quarter 1 2023 to Quarter 3 2023 show a volatile picture of financial performance.  Liabilities on revenue decreased significantly.  Current assets on revenue also decreased.  Cost efficiency (ratio of retained earnings to revenue) displayed a significant increase with fluctuating trends. Investment efficiency saw a sharp increase with significant quarter-to-quarter fluctuations. Overall, while cost efficiency and investment efficiency show improvement, working capital efficiency remains unstable.