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 236.92 (%).Trend:Increase 284.42% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 97.7 (%).Trend:Decrease 58.76% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 59.46 (%).Trend:Decrease 39.14% than previous quarter

Overall: decreasing (-74.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 198.68 (%).Trend:Increase 289.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 84.34 (%).Trend:Decrease 57.55% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 50.98 (%).Trend:Decrease 39.55% than previous quarter

Overall: decreasing (-74.34%). 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 150.04 (%).Trend:Increase 241.23% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 70.55 (%).Trend:Decrease 52.98% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 49.17 (%).Trend:Decrease 30.3% than previous quarter

Overall: decreasing (-67.23%). 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 28.72 (%).Trend:Decrease 4.65% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 30.82 (%).Trend:Increase 7.31% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 33.27 (%).Trend:Increase 7.95% than previous quarter

Overall: increasing (15.84%). Fluctuation: **Little** (low variation).

Earning Per Share


Q1-Q3 2023 financial statements show significant and volatile fluctuations in key financial metrics.  Working capital efficiency, measured by liabilities and current assets on revenue, decreased considerably.  Cost efficiency, as represented by the ratio of retained earnings to revenue, also demonstrated a significant decline.  Conversely, investment efficiency, as measured by retained earnings on assets, experienced a modest upward trend.  The considerable variability suggests underlying operational challenges warranting further scrutiny.