Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 156.89 (%).Trend:Decrease 30.14% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 305.91 (%).Trend:Increase 94.98% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 160.74 (%).Trend:Decrease 47.46% than previous quarter

Overall: increasing (2.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 227.34 (%).Trend:Decrease 23.06% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 397.15 (%).Trend:Increase 74.69% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 204.56 (%).Trend:Decrease 48.49% than previous quarter

Overall: decreasing (-10.02%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue -2513.72 (%).Trend:Decrease 28.28% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -4377.5 (%).Trend:Increase 74.14% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -2242.12 (%).Trend:Decrease 48.78% than previous quarter

Overall: increasing (-10.8%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 49.75 (%).Trend:Increase 4.34% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 53.66 (%).Trend:Increase 7.86% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 41.55 (%).Trend:Decrease 22.57% than previous quarter

Overall: decreasing (-16.48%). Fluctuation: **Neutral** (moderate variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets -957.49 (%).Trend:Decrease 5.14% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -898.27 (%).Trend:Decrease 6.18% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -841.6 (%).Trend:Decrease 6.31% than previous quarter

Overall: increasing (-12.1%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q3 2022 to Q3 2023 data reveals significant fluctuation across metrics. Liabilities on Revenue increased slightly, while Current Assets on Revenue decreased considerably.  Ratio of Retained Earnings to Revenue shows an overall slight increase,  but with significant fluctuation. The SG&A Expense Ratio decreased overall with neutral fluctuation. Retained Earning on Assets showed a decrease overall.