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 26.36 (%).Trend:Decrease 38.63% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.61 (%).Trend:Increase 8.54% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.98 (%).Trend:Decrease 30.16% than previous quarter

Overall: decreasing (-24.2%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 63.05 (%).Trend:Decrease 34.94% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 89.24 (%).Trend:Increase 41.54% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 60.8 (%).Trend:Decrease 31.87% than previous quarter

Overall: decreasing (-3.57%). Fluctuation: **Neutral** (moderate 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 -156.2 (%).Trend:Decrease 34.42% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -203.83 (%).Trend:Increase 30.49% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -134.58 (%).Trend:Decrease 33.97% than previous quarter

Overall: increasing (-13.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.35 (%).Trend:Decrease 1.54% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.34 (%).Trend:Decrease 4.52% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.49 (%).Trend:Increase 0.7% than previous quarter

Overall: decreasing (-3.85%). Fluctuation: **Little** (low variation).


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 -51.89 (%).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -51.78 (%).Trend:Decrease 0.21% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -51.64 (%).Trend:Decrease 0.27% than previous quarter

Overall: increasing (-0.48%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows a decreasing trend in liabilities on revenue from Q3 2022 to Q3 2023, with moderate fluctuation. Current assets on revenue also show a decreasing trend, though with moderate fluctuation.  Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibits an overall increasing trend, with substantial variation. The Selling, General & Administrative (SG&A) expense ratio is steadily decreasing, with minimal fluctuation.  Investment efficiency shows a slight increase in retained earnings on assets, with considerable variation.