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, with substantial fluctuations.  Liabilities and current assets on revenue are both decreasing, with notable variability. Cost efficiency, as reflected by the retained earnings-to-revenue ratio, shows substantial decreases with high variation.  Selling, general, and administrative (SG&A) expenses show a minor increase, whereas investment efficiency (retained earnings on assets) demonstrates a moderate increase.