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 142.46 (%).Trend:Increase 193.13% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 68.35 (%).Trend:Decrease 52.02% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 45.21 (%).Trend:Decrease 33.86% than previous quarter

Overall: decreasing (-68.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 260.23 (%).Trend:Increase 182.58% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 131.18 (%).Trend:Decrease 49.59% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 86.89 (%).Trend:Decrease 33.76% than previous quarter

Overall: decreasing (-66.61%). 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 446.56 (%).Trend:Increase 206.37% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 214.78 (%).Trend:Decrease 51.9% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 140.39 (%).Trend:Decrease 34.64% than previous quarter

Overall: decreasing (-68.56%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.96 (%).Trend:Increase 5.58% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.2 (%).Trend:Decrease 3.04% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.49 (%).Trend:Decrease 2.93% than previous quarter

Overall: decreasing (-5.89%). 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 56.09 (%).Trend:Increase 5.81% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 55.48 (%).Trend:Decrease 1.09% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 56.32 (%).Trend:Increase 1.51% than previous quarter

Overall: increasing (0.41%). Fluctuation: **Little** (low variation).

Earning Per Share


The analysis of Q1 2023 to Q3 2023 data reveals significant downward trends in key working capital and cost efficiency metrics.  Liabilities on Revenue, Current assets on Revenue, and the Ratio of Retained Earnings to Revenue all decreased substantially, exhibiting significant volatility.  However, SG&A expenses showed a minor decrease with low variation, and Retained Earnings on Assets demonstrated a slight increase with minimal fluctuation.