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 305.89 (%).Trend:Increase 327.16% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 99.42 (%).Trend:Decrease 67.5% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 53.85 (%).Trend:Decrease 45.84% than previous quarter

Overall: decreasing (-82.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 257.27 (%).Trend:Increase 293.5% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 83.89 (%).Trend:Decrease 67.39% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 44.01 (%).Trend:Decrease 47.54% than previous quarter

Overall: decreasing (-82.89%). 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 595.96 (%).Trend:Increase 369.74% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 286.73 (%).Trend:Decrease 51.89% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 165.75 (%).Trend:Decrease 42.19% than previous quarter

Overall: decreasing (-72.19%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 25.38 (%).Trend:Decrease 3.75% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 25.79 (%).Trend:Increase 1.62% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 26.75 (%).Trend:Increase 3.72% than previous quarter

Overall: increasing (5.4%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.19 (USD).Trend:Decrease 93.81% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.63 (USD).Trend:Increase 231.58% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.84 (USD).Trend:Increase 192.06% than previous quarter

Overall: increasing (868.42%). Fluctuation: **Significant** (high variation).



Working capital efficiency, analyzed from Q1 2023 to Q3 2023, shows a significant decrease in both liabilities on revenue (-82.4%) and current assets on revenue (-82.89%).  Cost efficiency, with the ratio of retained earnings to revenue decreasing by -72.19%, also exhibits large variation.  Invest efficiency shows a steady increase in retained earnings on assets (5.4%) indicating low variation. Conversely, earning per share shows significant fluctuations, growing from 0.19 USD in Q1 2023 to 1.84 USD in Q3 2023.