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 57.51 (%).Trend:Increase 178.36% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 25.63 (%).Trend:Decrease 55.43% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 16.98 (%).Trend:Decrease 33.75% than previous quarter

Overall: decreasing (-70.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 132.98 (%).Trend:Increase 198.63% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 63.18 (%).Trend:Decrease 52.49% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 40.22 (%).Trend:Decrease 36.34% than previous quarter

Overall: decreasing (-69.75%). 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 46.95 (%).Trend:Increase 233.93% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 23.04 (%).Trend:Decrease 50.93% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 16.29 (%).Trend:Decrease 29.3% than previous quarter

Overall: decreasing (-65.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.32 (%).Trend:Increase 23.82% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.69 (%).Trend:Decrease 5.11% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.89 (%).Trend:Increase 1.71% than previous quarter

Overall: decreasing (-3.49%). 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 8.22 (%).Trend:Increase 8.3% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 8.56 (%).Trend:Increase 4.14% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 9.26 (%).Trend:Increase 8.18% than previous quarter

Overall: increasing (12.65%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q1 2023 to Q3 2023 indicate a negative trend across many metrics. Liabilities and current assets on revenue decreased significantly from Q1 to Q3, showing substantial fluctuation.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also declined significantly throughout the period.  However, selling, general, and administrative (SG&A) expense ratio shows a slight decrease.  Investment efficiency displays consistent, small, upward movement in retained earnings on assets.  Overall, the data point toward a period of declining financial performance across several areas, but with slight stability in investment efficiency.