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 68.72 (%).Trend:Increase 145.69% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.15 (%).Trend:Decrease 29.93% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 27.39 (%).Trend:Decrease 43.12% than previous quarter

Overall: decreasing (-60.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 141.84 (%).Trend:Increase 150.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 75.06 (%).Trend:Decrease 47.08% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 42.46 (%).Trend:Decrease 43.43% than previous quarter

Overall: decreasing (-70.06%). 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 101.99 (%).Trend:Increase 163.68% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 53.9 (%).Trend:Decrease 47.15% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 35.56 (%).Trend:Decrease 34.03% than previous quarter

Overall: decreasing (-65.13%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.18 (%).Trend:Decrease 25.22% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.4 (%).Trend:Increase 5.26% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.8 (%).Trend:Increase 9.09% than previous quarter

Overall: increasing (14.83%). 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 20.61 (%).Trend:Increase 2.28% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 19.92 (%).Trend:Decrease 3.35% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 19.96 (%).Trend:Increase 0.2% than previous quarter

Overall: decreasing (-3.15%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q1 2023 to Q3 2023 show a trend of decreasing working capital efficiency, with liabilities and current assets on revenue decreasing significantly. Cost efficiency, represented by retained earnings to revenue, also displays substantial decreases. However, the selling, general, and administrative (SG&A) expense ratio shows a slight, but consistent upward trend. Investment efficiency displays little overall change with minor fluctuations.