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 59.64 (%).Trend:Increase 232.81% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 32.58 (%).Trend:Decrease 45.37% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 21.41 (%).Trend:Decrease 34.28% than previous quarter

Overall: decreasing (-64.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 214.87 (%).Trend:Increase 260.16% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 108.27 (%).Trend:Decrease 49.61% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 73.84 (%).Trend:Decrease 31.8% than previous quarter

Overall: decreasing (-65.64%). 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 -208.98 (%).Trend:Increase 239.2% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -102.53 (%).Trend:Decrease 50.94% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -70.53 (%).Trend:Decrease 31.21% than previous quarter

Overall: increasing (-66.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.92 (%).Trend:Increase 18.74% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.5 (%).Trend:Decrease 1.62% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.33 (%).Trend:Decrease 0.67% than previous quarter

Overall: decreasing (-2.28%). 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 -24.37 (%).Trend:Decrease 2.48% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -23.51 (%).Trend:Decrease 3.53% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -24.98 (%).Trend:Increase 6.25% than previous quarter

Overall: decreasing (2.5%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 2023 to Q3 2023 reveal fluctuations in working capital efficiency. Liabilities and current assets on revenue both experienced significant decreases in the final two quarters. Cost efficiency shows a slight overall decrease in the SG&A expense ratio, but the ratio of retained earnings to revenue, and investment efficiency, fluctuate significantly across the quarters.