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 71.08 (%).Trend:Increase 96.19% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 32.29 (%).Trend:Decrease 54.57% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.17 (%).Trend:Decrease 28.24% than previous quarter

Overall: decreasing (-67.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 188.54 (%).Trend:Increase 243.05% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 103.18 (%).Trend:Decrease 45.27% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 76.42 (%).Trend:Decrease 25.94% than previous quarter

Overall: decreasing (-59.47%). 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 -321.41 (%).Trend:Increase 221.47% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -166.9 (%).Trend:Decrease 48.07% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -113.48 (%).Trend:Decrease 32.01% than previous quarter

Overall: increasing (-64.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 51.68 (%).Trend:Decrease 0.6% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 52.42 (%).Trend:Increase 1.43% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 50.75 (%).Trend:Decrease 3.19% than previous quarter

Overall: decreasing (-1.8%). 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 -15.15 (%).Trend:Increase 20.33% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -15.5 (%).Trend:Increase 2.31% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -15.82 (%).Trend:Increase 2.06% than previous quarter

Overall: decreasing (4.42%). Fluctuation: **Significant** (high variation).

Earning Per Share


Q1 2023 to Q3 2023 data shows significant fluctuation in working capital efficiency. Liabilities on revenue decreased overall by 67.4%, while current assets on revenue decreased by 59.47%.  The ratio of retained earnings to revenue increased (became less negative) by -64.69%, also with significant fluctuation.  The SG&A expense ratio decreased slightly by 1.8%, showing little variation. Retained earnings on assets decreased by 4.42% with significant fluctuation.