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 124.42 (%).Trend:Increase 205.03% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 63.45 (%).Trend:Decrease 49.0% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 41.93 (%).Trend:Decrease 33.92% than previous quarter

Overall: decreasing (-66.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 491.13 (%).Trend:Increase 217.21% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 241.85 (%).Trend:Decrease 50.76% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 164.14 (%).Trend:Decrease 32.13% than previous quarter

Overall: decreasing (-66.58%). 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 -51.38 (%).Trend:Increase 172.28% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -12.02 (%).Trend:Decrease 76.61% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -1.52 (%).Trend:Decrease 87.35% than previous quarter

Overall: increasing (-97.04%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 39.03 (%).Trend:Increase 32.08% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.0 (%).Trend:Decrease 12.89% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.34 (%).Trend:Decrease 4.88% than previous quarter

Overall: decreasing (-17.14%). 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 -7.17 (%).Trend:Decrease 15.15% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -3.41 (%).Trend:Decrease 52.44% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -0.64 (%).Trend:Decrease 81.23% than previous quarter

Overall: increasing (-91.07%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.1 (USD).Trend:Decrease 92.91% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.01 (USD).Trend:Increase 910.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.77 (USD).Trend:Increase 75.25% than previous quarter

Overall: increasing (1670.0%). Fluctuation: **Significant** (high variation).



Analyzing Q1 2023 to Q3 2023 data shows a considerable decrease in working capital efficiency, as both liabilities and current assets on revenue declined substantially. Cost efficiency trends are mixed; Retained Earnings to Revenue show marked improvement, while SG&A Expense Ratio remains relatively stable.  Investment efficiency highlights improvements in Retained Earnings on Assets and a dramatic increase in Earnings Per Share.