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 137.64 (%).Trend:Increase 167.57% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.69 (%).Trend:Decrease 69.71% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 40.16 (%).Trend:Decrease 3.67% than previous quarter

Overall: decreasing (-70.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 106.27 (%).Trend:Increase 222.03% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 50.21 (%).Trend:Decrease 52.75% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 40.56 (%).Trend:Decrease 19.22% than previous quarter

Overall: decreasing (-61.83%). 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 408.63 (%).Trend:Increase 208.63% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 206.54 (%).Trend:Decrease 49.46% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 140.26 (%).Trend:Decrease 32.09% than previous quarter

Overall: decreasing (-65.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.12 (%).Trend:Increase 11.63% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.07 (%).Trend:Decrease 3.73% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.46 (%).Trend:Decrease 2.25% than previous quarter

Overall: decreasing (-5.9%). 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 45.93 (%).Trend:Decrease 0.04% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 46.89 (%).Trend:Increase 2.09% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 44.74 (%).Trend:Decrease 4.59% than previous quarter

Overall: decreasing (-2.59%). Fluctuation: **Little** (low variation).

Earning Per Share


Q1-Q3 2023 financial data indicates significant volatility in working capital efficiency, with liabilities on revenue and current assets on revenue showing substantial swings. Cost efficiency, particularly the ratio of retained earnings to revenue, experienced a substantial overall decline. The Selling, General & Administrative (SG&A) expense ratio demonstrates a modest decrease with minimal fluctuations. Investment efficiency (retained earnings on assets) shows a small overall decline with minimal variation.