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 475.76 (%).Trend:Increase 227.61% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 87.3 (%).Trend:Decrease 81.65% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 64.88 (%).Trend:Decrease 25.68% than previous quarter

Overall: decreasing (-86.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 574.48 (%).Trend:Increase 332.59% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 146.39 (%).Trend:Decrease 74.52% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 101.39 (%).Trend:Decrease 30.74% than previous quarter

Overall: decreasing (-82.35%). 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 324.0 (%).Trend:Increase 255.38% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 171.9 (%).Trend:Decrease 46.94% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 108.61 (%).Trend:Decrease 36.82% than previous quarter

Overall: decreasing (-66.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 55.67 (%).Trend:Decrease 8.23% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 59.58 (%).Trend:Increase 7.02% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 57.55 (%).Trend:Decrease 3.41% than previous quarter

Overall: increasing (3.38%). 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 27.8 (%).Trend:Increase 3.27% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 38.46 (%).Trend:Increase 38.35% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 37.46 (%).Trend:Decrease 2.6% than previous quarter

Overall: increasing (34.75%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


The Q1-Q3 2023 data exhibits substantial volatility.  Liabilities and current assets on revenue show significant decreases (-86.36% and -82.35% respectively).  Cost efficiency is negatively impacted by a sharp decline in retained earnings to revenue (-66.48%), despite a slight increase in the SG&A expense ratio (3.38%).  Investment efficiency improved, with retained earnings on assets rising (34.75%). The large fluctuations necessitate deeper investigation.