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 115.52 (%).Trend:Increase 131.92% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 54.36 (%).Trend:Decrease 52.94% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 37.17 (%).Trend:Decrease 31.62% than previous quarter

Overall: decreasing (-67.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 101.32 (%).Trend:Increase 187.68% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 46.95 (%).Trend:Decrease 53.66% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 32.5 (%).Trend:Decrease 30.78% than previous quarter

Overall: decreasing (-67.92%). 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 47.82 (%).Trend:Increase 166.85% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 22.63 (%).Trend:Decrease 52.68% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 7.73 (%).Trend:Decrease 65.84% than previous quarter

Overall: decreasing (-83.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.0 (%).Trend:Increase 12.11% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.72 (%).Trend:Increase 4.8% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.9 (%).Trend:Increase 1.15% than previous quarter

Overall: increasing (6.0%). 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 13.52 (%).Trend:Decrease 10.11% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 12.94 (%).Trend:Decrease 4.29% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 7.13 (%).Trend:Decrease 44.9% than previous quarter

Overall: decreasing (-47.26%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 to Q3 2023 show a concerning downward trend in working capital efficiency. Liabilities and current assets on revenue decreased significantly, indicating a potential issue with managing short-term assets and liabilities.  Cost efficiency metrics, particularly the ratio of retained earnings to revenue, also decreased substantially, raising concerns about the company's ability to generate profits. In contrast, selling, general, and administrative (SG&A) expenses exhibited a minor increase with low variability.  Investment efficiency, as measured by retained earnings on assets, similarly declined significantly across the three quarters.