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 166.03 (%).Trend:Increase 220.46% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 75.92 (%).Trend:Decrease 54.27% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 48.5 (%).Trend:Decrease 36.12% than previous quarter

Overall: decreasing (-70.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 168.98 (%).Trend:Increase 192.76% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 80.91 (%).Trend:Decrease 52.12% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 53.79 (%).Trend:Decrease 33.52% than previous quarter

Overall: decreasing (-68.17%). 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 137.86 (%).Trend:Increase 181.46% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 68.35 (%).Trend:Decrease 50.42% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 47.84 (%).Trend:Decrease 30.01% than previous quarter

Overall: decreasing (-65.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.56 (%).Trend:Increase 0.92% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.49 (%).Trend:Decrease 0.38% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.63 (%).Trend:Increase 0.76% than previous quarter

Overall: increasing (0.38%). 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 37.49 (%).Trend:Decrease 4.87% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 39.05 (%).Trend:Increase 4.16% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 41.04 (%).Trend:Increase 5.1% than previous quarter

Overall: increasing (9.47%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1-Q3 2023 show significant decreases in working capital efficiency metrics (liabilities and current assets on revenue).  Cost efficiency, measured by the ratio of retained earnings to revenue, also shows a significant downward trend, with high variability.  Conversely, SG&A expense ratios show a slight overall increase with minimal fluctuation.  Investment efficiency, as reflected by retained earnings on assets, exhibits a moderate increase, also with little fluctuation.