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 187.57 (%).Trend:Increase 848.76% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 54.23 (%).Trend:Decrease 71.09% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 20.28 (%).Trend:Decrease 62.6% than previous quarter

Overall: decreasing (-89.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 192.48 (%).Trend:Increase 616.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 62.06 (%).Trend:Decrease 67.76% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 30.37 (%).Trend:Decrease 51.06% than previous quarter

Overall: decreasing (-84.22%). 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 490.87 (%).Trend:Increase 300.35% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 209.8 (%).Trend:Decrease 57.26% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 146.16 (%).Trend:Decrease 30.33% than previous quarter

Overall: decreasing (-70.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.7 (%).Trend:Increase 34.88% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.98 (%).Trend:Decrease 4.59% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.87 (%).Trend:Decrease 0.73% than previous quarter

Overall: decreasing (-5.29%). 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 103.41 (%).Trend:Decrease 22.31% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 116.73 (%).Trend:Increase 12.88% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 131.83 (%).Trend:Increase 12.94% than previous quarter

Overall: increasing (27.48%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 75.48% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.09 (USD).Trend:Increase 186.84% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.69 (USD).Trend:Increase 55.05% than previous quarter

Overall: increasing (344.74%). Fluctuation: **Significant** (high variation).



Financial data for Q1 2023 to Q3 2023 shows extreme volatility in key financial metrics. Liabilities and current assets on revenue decreased sharply (-89.19% and -84.22% respectively), signaling potential liquidity problems.  The ratio of retained earnings to revenue also decreased (-70.22%). SG&A expense ratio decreased slightly (-5.29%), indicating possible cost-cutting efforts.  Investment efficiency shows a moderate increase (27.48%) in retained earnings on assets. Earnings per share increased significantly (344.74%), potentially signifying some recovery.