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 80.58 (%).Trend:Increase 200.78% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 39.39 (%).Trend:Decrease 51.12% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 27.47 (%).Trend:Decrease 30.26% than previous quarter

Overall: decreasing (-65.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 299.23 (%).Trend:Increase 234.3% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 140.16 (%).Trend:Decrease 53.16% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 93.29 (%).Trend:Decrease 33.44% than previous quarter

Overall: decreasing (-68.82%). 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 96.43 (%).Trend:Increase 255.31% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 46.79 (%).Trend:Decrease 51.48% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 31.29 (%).Trend:Decrease 33.13% than previous quarter

Overall: decreasing (-67.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.96 (%).Trend:Increase 6.73% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.72 (%).Trend:Decrease 1.72% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.05 (%).Trend:Increase 2.41% than previous quarter

Overall: increasing (0.64%). 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 17.48 (%).Trend:Increase 0.63% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 17.65 (%).Trend:Increase 0.97% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 17.63 (%).Trend:Decrease 0.11% than previous quarter

Overall: increasing (0.86%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1 2023 to Q3 2023 reveal considerable volatility across working capital, cost, and investment efficiency metrics. Liabilities and current assets on revenue demonstrate substantial increases and decreases.  The ratio of retained earnings to revenue exhibits high volatility, with significant fluctuations throughout the period. The SG&A expense ratio displays a relatively stable, slight upward trend, while investment efficiency (retained earnings on assets) shows minor, consistent growth.