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 704.48 (%).Trend:Increase 197.36% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 241.14 (%).Trend:Decrease 65.77% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 173.62 (%).Trend:Decrease 28.0% than previous quarter

Overall: decreasing (-75.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 1190.64 (%).Trend:Increase 167.06% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 511.13 (%).Trend:Decrease 57.07% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 301.88 (%).Trend:Decrease 40.94% than previous quarter

Overall: decreasing (-74.65%). 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 -4519.77 (%).Trend:Increase 222.33% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -2139.75 (%).Trend:Decrease 52.66% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -1480.5 (%).Trend:Decrease 30.81% than previous quarter

Overall: increasing (-67.24%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 94.78 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 81.33 (%).Trend:Decrease 14.19% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 75.47 (%).Trend:Decrease 7.21% than previous quarter

Overall: decreasing (-20.37%). Fluctuation: **Neutral** (moderate 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 -303.48 (%).Trend:Increase 23.88% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -334.3 (%).Trend:Increase 10.16% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -387.83 (%).Trend:Increase 16.01% than previous quarter

Overall: decreasing (27.79%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1 2023 to Q3 2023 data indicates significant fluctuations.  Liabilities on revenue decreased by 75.35%, and current assets on revenue decreased by 74.65%, showing high variability. The ratio of retained earnings to revenue increased by -67.24%, while the SG&A expense ratio decreased by 20.37% with moderate fluctuation. Retained earnings on assets decreased by 27.79% with significant fluctuation.