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 97.15 (%).Trend:Increase 161.37% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 51.18 (%).Trend:Decrease 47.32% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 35.31 (%).Trend:Decrease 31.01% than previous quarter

Overall: decreasing (-63.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 153.51 (%).Trend:Increase 194.7% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 78.27 (%).Trend:Decrease 49.01% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 51.05 (%).Trend:Decrease 34.78% than previous quarter

Overall: decreasing (-66.74%). 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 5.83 (%).Trend:Increase 1089.8% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 4.41 (%).Trend:Decrease 24.36% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 4.03 (%).Trend:Decrease 8.62% than previous quarter

Overall: decreasing (-30.87%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.98 (%).Trend:Decrease 9.78% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.25 (%).Trend:Decrease 4.3% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.02 (%).Trend:Decrease 1.42% than previous quarter

Overall: decreasing (-5.65%). 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 1.61 (%).Trend:Increase 335.14% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 2.47 (%).Trend:Increase 53.42% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 3.36 (%).Trend:Increase 36.03% than previous quarter

Overall: increasing (108.7%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q1 2023 to Q3 2023 data reveals significant decreases in liabilities on revenue (-63.65%) and current assets on revenue (-66.74%), both with high variation.  The ratio of retained earnings to revenue decreased (-30.87%) with moderate fluctuation. The SG&A expense ratio decreased slightly (-5.65%) with low variation. Retained earnings on assets increased significantly (108.7%) with high variation.