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 64.93 (%).Trend:Increase 156.64% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 37.73 (%).Trend:Decrease 41.89% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 25.42 (%).Trend:Decrease 32.63% than previous quarter

Overall: decreasing (-60.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 482.71 (%).Trend:Increase 228.51% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 267.95 (%).Trend:Decrease 44.49% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 174.49 (%).Trend:Decrease 34.88% than previous quarter

Overall: decreasing (-63.85%). 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 705.47 (%).Trend:Increase 188.16% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 364.92 (%).Trend:Decrease 48.27% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 237.29 (%).Trend:Decrease 34.97% than previous quarter

Overall: decreasing (-66.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.76 (%).Trend:Decrease 1.43% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.88 (%).Trend:Increase 8.14% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.94 (%).Trend:Increase 0.4% than previous quarter

Overall: increasing (8.58%). 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 48.88 (%).Trend:Decrease 7.98% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 48.39 (%).Trend:Decrease 1.0% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 49.13 (%).Trend:Increase 1.53% than previous quarter

Overall: increasing (0.51%). Fluctuation: **Little** (low variation).

Earning Per Share


Comparing financial performance across two periods (Q3 2022-Q2 2023 and Q1 2023-Q3 2023) reveals contrasting trends.  The first period shows increasing trends with substantial fluctuations across all metrics except the SG&A expense ratio.  In the second period, all key metrics except SG&A demonstrate a significant and unfavorable decrease, with high variability.  SG&A expenses show a more moderate increase in the second period. Investment efficiency shows a slight increase in the second period, with little fluctuation.  Overall, there's a clear downward pressure on financial efficiency from Q1 2023 onwards, contrasted with more volatile, yet overall increasing, trends in the earlier period.