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 105.69 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 51.34 (%).Trend:Decrease 51.42% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 34.46 (%).Trend:Decrease 32.88% than previous quarter

Overall: decreasing (-67.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 253.71 (%).Trend:Increase 173.84% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 120.28 (%).Trend:Decrease 52.59% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 79.18 (%).Trend:Decrease 34.17% than previous quarter

Overall: decreasing (-68.79%). 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 -292.62 (%).Trend:Increase 186.43% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -139.35 (%).Trend:Decrease 52.38% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -89.43 (%).Trend:Decrease 35.82% than previous quarter

Overall: increasing (-69.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.62 (%).Trend:Decrease 1.81% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.46 (%).Trend:Decrease 5.63% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.13 (%).Trend:Decrease 1.7% than previous quarter

Overall: decreasing (-7.23%). 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 -43.56 (%).Trend:Increase 3.03% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -43.58 (%).Trend:Increase 0.05% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -42.91 (%).Trend:Decrease 1.54% than previous quarter

Overall: increasing (-1.49%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency is decreasing significantly from Q1 2023 to Q3 2023, with substantial quarter-to-quarter variations in both liabilities and current assets on revenue. Cost efficiency, reflected in the retained earnings to revenue ratio, exhibits a complex overall trend but significant variations in the metrics between quarters.  Selling, General & Administrative (SG&A) expenses display a consistent downward trend with little fluctuation.  Investment efficiency shows a slight, overall decrease in retained earnings on assets but with substantial variability.