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 reveals a concerning trend of decreasing working capital efficiency (liabilities and current assets on revenue) and cost efficiency (ratio of retained earnings to revenue).  Contrarily, investment efficiency, measured by retained earnings on assets, shows a consistent increase, a positive sign.  Significant fluctuation is prominent across all examined metrics except for investment efficiency.