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 91.1 (%).Trend:Increase 166.14% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 43.95 (%).Trend:Decrease 51.76% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 33.79 (%).Trend:Decrease 23.12% than previous quarter

Overall: decreasing (-62.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 209.37 (%).Trend:Increase 188.31% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 102.68 (%).Trend:Decrease 50.96% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 73.0 (%).Trend:Decrease 28.91% than previous quarter

Overall: decreasing (-65.13%). 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 -33.46 (%).Trend:Decrease 1386.92% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -14.9 (%).Trend:Decrease 55.47% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -8.58 (%).Trend:Decrease 42.42% than previous quarter

Overall: increasing (-74.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.74 (%).Trend:Decrease 2.42% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.47 (%).Trend:Increase 4.64% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.51 (%).Trend:Increase 0.24% than previous quarter

Overall: increasing (4.89%). 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 -5.59 (%).Trend:Decrease 594.69% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -4.87 (%).Trend:Decrease 12.88% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -4.09 (%).Trend:Decrease 16.02% than previous quarter

Overall: increasing (-26.83%). Fluctuation: **Significant** (high variation).

Earning Per Share


The financial statements for Q1 2023 to Q3 2023 show a significant fluctuation in working capital efficiency metrics. Liabilities on revenue and current assets on revenue both decreased overall but exhibited substantial quarter-to-quarter variations.  Cost efficiency metrics are also highly variable, with the ratio of retained earnings to revenue increasing despite substantial quarterly drops. The SG&A expense ratio, however, shows a more stable upward trend.  Investment efficiency, measured by retained earnings on assets, also reveals significant fluctuation, with a decreasing trend overall.  More data is needed to assess the significance and causes of these variations.