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 42.27 (%).Trend:Increase 225.15% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 20.82 (%).Trend:Decrease 50.75% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 14.1 (%).Trend:Decrease 32.28% than previous quarter

Overall: decreasing (-66.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 96.83 (%).Trend:Increase 198.31% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 44.56 (%).Trend:Decrease 53.98% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 29.06 (%).Trend:Decrease 34.78% than previous quarter

Overall: decreasing (-69.99%). 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 9.28 (%).Trend:Increase 163.64% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 4.78 (%).Trend:Decrease 48.49% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 3.38 (%).Trend:Decrease 29.29% than previous quarter

Overall: decreasing (-63.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.7 (%).Trend:Increase 8.39% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.93 (%).Trend:Decrease 3.55% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.73 (%).Trend:Decrease 0.96% than previous quarter

Overall: decreasing (-4.47%). 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 4.3 (%).Trend:Decrease 16.02% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 4.64 (%).Trend:Increase 7.91% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 5.06 (%).Trend:Increase 9.05% than previous quarter

Overall: increasing (17.67%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 94.44% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.3 (USD).Trend:Increase 650.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.49 (USD).Trend:Increase 63.33% than previous quarter

Overall: increasing (1125.0%). Fluctuation: **Significant** (high variation).



Financial data for Q1 2023 to Q3 2023 suggests a complex financial picture. Liabilities and current assets on revenue show significant decreases.  Cost efficiency, as reflected by retained earnings to revenue, also reveals a substantial and volatile decline.  While the Selling, General, and Administrative (SG&A) expense ratio shows a slight downward trend, earnings per share demonstrates substantial volatility, ultimately increasing significantly.