Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 65.33 (%).Trend:Decrease 41.77% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 65.99 (%).Trend:Increase 1.01% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 44.24 (%).Trend:Decrease 32.96% than previous quarter

Overall: decreasing (-32.28%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 1341.99 (%).Trend:Increase 35.85% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 1019.24 (%).Trend:Decrease 24.05% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 654.62 (%).Trend:Decrease 35.77% than previous quarter

Overall: decreasing (-51.22%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -29649.84 (%).Trend:Decrease 36.5% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -28461.62 (%).Trend:Decrease 4.01% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -20724.45 (%).Trend:Decrease 27.18% than previous quarter

Overall: increasing (-30.1%). Fluctuation: **Significant** (high variation).

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

Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets -2036.7 (%).Trend:Decrease 48.34% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -2582.31 (%).Trend:Increase 26.79% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -2928.7 (%).Trend:Increase 13.41% than previous quarter

Overall: decreasing (43.8%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis reveals a significant decrease in current assets on revenue (-51.22%), and a notable decrease in liabilities on revenue (-32.28%), suggesting potential working capital challenges.  Cost efficiency, as measured by the ratio of retained earnings to revenue, shows improvement (-30.1%), although with high variability.  Investment efficiency, indicated by retained earnings on assets, is also concerning, showing a 43.8% decrease.