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 70.05 (%).Trend:Increase 227.49% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.87 (%).Trend:Decrease 55.93% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.63 (%).Trend:Decrease 36.41% than previous quarter

Overall: decreasing (-71.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 146.35 (%).Trend:Increase 275.74% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 93.77 (%).Trend:Decrease 35.93% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 73.94 (%).Trend:Decrease 21.15% than previous quarter

Overall: decreasing (-49.48%). 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 -301.37 (%).Trend:Increase 169.75% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -129.06 (%).Trend:Decrease 57.18% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -69.15 (%).Trend:Decrease 46.42% than previous quarter

Overall: increasing (-77.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.14 (%).Trend:Increase 14.72% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.56 (%).Trend:Decrease 7.34% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.55 (%).Trend:Decrease 3.1% than previous quarter

Overall: decreasing (-10.22%). 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 -143.19 (%).Trend:Decrease 20.58% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -103.53 (%).Trend:Decrease 27.7% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -73.77 (%).Trend:Decrease 28.75% than previous quarter

Overall: increasing (-48.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 75.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 150.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 8.0 (USD).Trend:Increase 60.0% than previous quarter

Overall: increasing (300.0%). Fluctuation: **Significant** (high variation).



The data reveals significant fluctuations in working capital efficiency. Liabilities on revenue decreased from Q1 2023 to Q3 2023 by 71.98%, with large changes each quarter. Current assets on revenue also decreased by 49.48% over the same period, displaying substantial volatility. Cost efficiency reveals a substantial increase (negative) in the ratio of retained earnings to revenue by 77.05% overall, exhibiting significant volatility.  SG&A expense ratio shows a moderate decrease (10.22%) with minimal variation.  Investment efficiency, as measured by retained earnings on assets, increased (48.48%) but with significant volatility. Earnings per share also demonstrated substantial growth (300%) and significant fluctuation across quarters.