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 69.09 (%).Trend:Increase 155.42% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42.05 (%).Trend:Decrease 39.14% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 24.77 (%).Trend:Decrease 41.09% than previous quarter

Overall: decreasing (-64.15%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 299.31 (%).Trend:Increase 166.79% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 168.36 (%).Trend:Decrease 43.75% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 119.13 (%).Trend:Decrease 29.24% than previous quarter

Overall: decreasing (-60.2%). 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 195.46 (%).Trend:Increase 205.69% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 114.35 (%).Trend:Decrease 41.5% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 83.76 (%).Trend:Decrease 26.75% than previous quarter

Overall: decreasing (-57.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 39.7 (%).Trend:Increase 7.56% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 43.11 (%).Trend:Increase 8.59% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 45.89 (%).Trend:Increase 6.45% than previous quarter

Overall: increasing (15.59%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance in Q1-Q3 2023 shows a negative trend across working capital efficiency measures (liabilities and current assets on revenue) and cost efficiency (ratio of retained earnings to revenue).  A notable exception is investment efficiency, which demonstrates a steady, albeit small, increase in retained earnings on assets.  Significant fluctuation is apparent in all areas except for investment efficiency.