Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 30.18 (%).Trend:Decrease 38.55% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 84.11 (%).Trend:Increase 178.69% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 27.77 (%).Trend:Decrease 66.98% than previous quarter

Overall: decreasing (-7.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 58.63 (%).Trend:Decrease 34.8% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 170.61 (%).Trend:Increase 190.99% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 54.52 (%).Trend:Decrease 68.04% than previous quarter

Overall: decreasing (-7.01%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 41.29 (%).Trend:Decrease 30.02% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 138.92 (%).Trend:Increase 236.45% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 49.09 (%).Trend:Decrease 64.66% than previous quarter

Overall: increasing (18.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 44.03 (%).Trend:Increase 2.56% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 50.6 (%).Trend:Increase 14.92% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 52.37 (%).Trend:Increase 3.5% than previous quarter

Overall: increasing (18.94%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 37.39 (%).Trend:Increase 6.34% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 38.2 (%).Trend:Increase 2.17% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 39.3 (%).Trend:Increase 2.88% than previous quarter

Overall: increasing (5.11%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency reveals significant volatility in Q3 2022 to Q3 2023.  Liabilities on revenue decreased (-7.99%), but with notable variation.  Current assets on revenue also show a significant decrease (-7.01%). Cost efficiency exhibits considerable fluctuation, with the ratio of retained earnings to revenue increasing (18.89%), and significant variations.  SG&A expense ratio increases (18.94%), with minor fluctuations.  Investment efficiency displays a minor increase in retained earnings on assets (5.11%), with stable fluctuations. Key takeaways include notable fluctuations in working capital and cost efficiency metrics with a slight overall improvement in investment efficiency.