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 65.62 (%).Trend:Increase 182.36% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 31.99 (%).Trend:Decrease 51.25% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 20.7 (%).Trend:Decrease 35.29% than previous quarter

Overall: decreasing (-68.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 238.08 (%).Trend:Increase 162.58% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 124.34 (%).Trend:Decrease 47.77% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 83.82 (%).Trend:Decrease 32.59% than previous quarter

Overall: decreasing (-64.79%). 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 108.85 (%).Trend:Increase 193.0% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 58.63 (%).Trend:Decrease 46.14% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 41.09 (%).Trend:Decrease 29.92% than previous quarter

Overall: decreasing (-62.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.09 (%).Trend:Decrease 15.23% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.67 (%).Trend:Increase 2.75% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.44 (%).Trend:Decrease 1.06% than previous quarter

Overall: increasing (1.66%). 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 39.2 (%).Trend:Increase 10.48% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 40.52 (%).Trend:Increase 3.37% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 42.05 (%).Trend:Increase 3.78% than previous quarter

Overall: increasing (7.27%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.89 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.65 (USD).Trend:Increase 85.39% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.52 (USD).Trend:Increase 52.73% than previous quarter

Overall: increasing (183.15%). Fluctuation: **Significant** (high variation).



Analyzing Q1 2023 to Q3 2023, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased significantly with considerable fluctuation. The SG&A expense ratio increased slightly with low variation. Retained earnings on assets and earnings per share showed a steady increase, with the latter exhibiting significant fluctuation.