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 98.52 (%).Trend:Increase 171.48% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 59.48 (%).Trend:Decrease 39.63% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 38.82 (%).Trend:Decrease 34.73% than previous quarter

Overall: decreasing (-60.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 205.05 (%).Trend:Increase 152.52% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 89.78 (%).Trend:Decrease 56.22% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 60.43 (%).Trend:Decrease 32.69% than previous quarter

Overall: decreasing (-70.53%). 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 -2.2 (%).Trend:Decrease 6.78% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 3.3 (%).Trend:Decrease 250.0% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 0.53 (%).Trend:Decrease 83.94% than previous quarter

Overall: increasing (-124.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.46 (%).Trend:Decrease 7.49% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.64 (%).Trend:Increase 0.77% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.87 (%).Trend:Decrease 3.26% than previous quarter

Overall: decreasing (-2.51%). 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 -0.44 (%).Trend:Decrease 55.1% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.09 (%).Trend:Decrease 347.73% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 0.27 (%).Trend:Decrease 75.23% than previous quarter

Overall: increasing (-161.36%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance in Q1 to Q3 2023 shows significant volatility across key metrics. Liabilities on revenue decreased overall, but fluctuated widely. Current assets on revenue also decreased overall. The ratio of retained earnings to revenue increased overall, despite large fluctuations. The SG&A expense ratio exhibited a slight downward trend. Invest efficiency, measured by retained earnings on assets, showed significant increases and decreases, indicative of volatile performance.