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 149.07 (%).Trend:Increase 274.36% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 72.75 (%).Trend:Decrease 51.2% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 43.67 (%).Trend:Decrease 39.97% than previous quarter

Overall: decreasing (-70.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 250.1 (%).Trend:Increase 237.84% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 119.16 (%).Trend:Decrease 52.36% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 75.88 (%).Trend:Decrease 36.32% than previous quarter

Overall: decreasing (-69.66%). 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 367.99 (%).Trend:Increase 251.71% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 184.31 (%).Trend:Decrease 49.91% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 123.61 (%).Trend:Decrease 32.93% than previous quarter

Overall: decreasing (-66.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.34 (%).Trend:Increase 14.92% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.89 (%).Trend:Decrease 1.59% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.54 (%).Trend:Decrease 1.25% than previous quarter

Overall: decreasing (-2.82%). 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 48.61 (%).Trend:Increase 0.79% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 49.56 (%).Trend:Increase 1.95% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 51.21 (%).Trend:Increase 3.33% than previous quarter

Overall: increasing (5.35%). Fluctuation: **Little** (low variation).

Earning Per Share


Analyzing Q1 2023 to Q3 2023, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased significantly, despite initial large increases. This indicates substantial volatility. The SG&A expense ratio decreased slightly. Retained earnings on assets showed a small but consistent increase.