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 64.94 (%).Trend:Increase 179.55% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 31.6 (%).Trend:Decrease 51.34% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 20.95 (%).Trend:Decrease 33.7% than previous quarter

Overall: decreasing (-67.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 101.12 (%).Trend:Increase 84.76% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 51.8 (%).Trend:Decrease 48.77% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 33.57 (%).Trend:Decrease 35.19% than previous quarter

Overall: decreasing (-66.8%). 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 61.51 (%).Trend:Increase 331.04% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 33.4 (%).Trend:Decrease 45.7% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 24.96 (%).Trend:Decrease 25.27% than previous quarter

Overall: decreasing (-59.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.67 (%).Trend:Increase 7.7% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.15 (%).Trend:Increase 2.22% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.0 (%).Trend:Decrease 0.68% than previous quarter

Overall: increasing (1.52%). 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 24.66 (%).Trend:Increase 73.54% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.08 (%).Trend:Increase 9.81% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 30.95 (%).Trend:Increase 14.29% than previous quarter

Overall: increasing (25.51%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Analyzing Q1-Q3 2023, liabilities and current assets on revenue both decreased significantly, indicating volatility.  The ratio of retained earnings to revenue also experienced a considerable decrease.  In contrast, the SG&A expense ratio showed a slight increase, and retained earnings on assets increased moderately.