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 60.19 (%).Trend:Increase 116.59% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.06 (%).Trend:Decrease 53.38% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 18.71 (%).Trend:Decrease 33.32% than previous quarter

Overall: decreasing (-68.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 182.14 (%).Trend:Increase 190.36% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 89.28 (%).Trend:Decrease 50.98% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 55.35 (%).Trend:Decrease 38.0% than previous quarter

Overall: decreasing (-69.61%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.52 (%).Trend:Increase 13.68% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.01 (%).Trend:Decrease 2.17% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.75 (%).Trend:Increase 3.22% than previous quarter

Overall: increasing (0.98%). 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
Earning Per Share


Working capital efficiency shows significant fluctuations. Liabilities on revenue decreased significantly overall (-68.92%) but with large quarter-to-quarter variations. Current assets on revenue also decreased (-69.61%) with substantial quarter-to-quarter swings.  Cost efficiency shows little fluctuation, with the SG&A expense ratio slightly increasing (0.98%).  Further analysis is needed to understand the reasons for these variations.