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 45.07 (%).Trend:Increase 97.68% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 23.56 (%).Trend:Decrease 47.73% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 56.79 (%).Trend:Increase 141.04% than previous quarter

Overall: increasing (26.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 183.04 (%).Trend:Increase 145.2% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 93.18 (%).Trend:Decrease 49.09% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 86.29 (%).Trend:Decrease 7.39% than previous quarter

Overall: decreasing (-52.86%). 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 169.06 (%).Trend:Increase 200.76% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 88.16 (%).Trend:Decrease 47.85% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 52.72 (%).Trend:Decrease 40.2% than previous quarter

Overall: decreasing (-68.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.13 (%).Trend:Increase 1.44% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.64 (%).Trend:Increase 5.59% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.62 (%).Trend:Decrease 0.21% than previous quarter

Overall: increasing (5.37%). 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 23.06 (%).Trend:Increase 6.12% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 23.27 (%).Trend:Increase 0.91% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 19.78 (%).Trend:Decrease 15.0% than previous quarter

Overall: decreasing (-14.22%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q1 2023 to Q3 2023 reveals significant fluctuations in working capital efficiency, particularly in liabilities and current assets on revenue. Cost efficiency demonstrates a large drop in the ratio of retained earnings to revenue, while SG&A expense ratio exhibits minimal fluctuation. Invest efficiency displays moderate decreases in retained earnings on assets.