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 59.45 (%).Trend:Increase 250.74% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 24.2 (%).Trend:Decrease 59.29% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 18.68 (%).Trend:Decrease 22.81% than previous quarter

Overall: decreasing (-68.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 180.78 (%).Trend:Increase 262.14% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 80.92 (%).Trend:Decrease 55.24% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 55.72 (%).Trend:Decrease 31.14% than previous quarter

Overall: decreasing (-69.18%). 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 161.71 (%).Trend:Increase 334.12% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 83.02 (%).Trend:Decrease 48.66% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 54.69 (%).Trend:Decrease 34.12% than previous quarter

Overall: decreasing (-66.18%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.23 (%).Trend:Increase 21.45% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.59 (%).Trend:Increase 2.36% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.97 (%).Trend:Increase 2.44% than previous quarter

Overall: increasing (4.86%). 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 54.34 (%).Trend:Increase 0.74% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 59.84 (%).Trend:Increase 10.12% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 58.79 (%).Trend:Decrease 1.75% than previous quarter

Overall: increasing (8.19%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q1 2023 to Q3 2023 reveal significant fluctuations in working capital efficiency. Liabilities and current assets on revenue both decreased significantly. Cost efficiency also exhibits considerable variation in the ratio of retained earnings to revenue.  SG&A expense ratio shows a slight but consistent upward trend. Investment efficiency shows a small increase in retained earnings on assets with a little fluctuation.