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 232.84 (%).Trend:Increase 216.57% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 130.6 (%).Trend:Decrease 43.91% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 84.8 (%).Trend:Decrease 35.07% than previous quarter

Overall: decreasing (-63.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 732.24 (%).Trend:Increase 492.91% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 361.93 (%).Trend:Decrease 50.57% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 242.46 (%).Trend:Decrease 33.01% than previous quarter

Overall: decreasing (-66.89%). 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 -440.93 (%).Trend:Increase 206.1% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -195.1 (%).Trend:Decrease 55.75% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -124.89 (%).Trend:Decrease 35.99% than previous quarter

Overall: increasing (-71.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.61 (%).Trend:Increase 4.51% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.49 (%).Trend:Decrease 5.43% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.53 (%).Trend:Increase 0.21% than previous quarter

Overall: decreasing (-5.24%). 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 -30.34 (%).Trend:Decrease 31.14% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -28.29 (%).Trend:Decrease 6.76% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -27.58 (%).Trend:Decrease 2.51% than previous quarter

Overall: increasing (-9.1%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 5.32 (USD).Trend:Decrease 41.92% than previous quarter
Year 2023 Quarter 2: Earning Per Share 7.9 (USD).Trend:Increase 48.5% than previous quarter
Year 2023 Quarter 3: Earning Per Share 11.12 (USD).Trend:Increase 40.76% than previous quarter

Overall: increasing (109.02%). Fluctuation: **Significant** (high variation).



The analysis of Q1 2023 to Q3 2023 demonstrates substantial volatility.  Liabilities on Revenue decreased by 63.58%, and Current assets on Revenue decreased by 66.89%, both exhibiting significant fluctuation.  The Ratio of Retained Earnings to Revenue shows an overall increase (-71.68%), while SG&A Expense Ratio decreased slightly (-5.24%), indicating relatively stable administrative costs. Retained Earning on Assets increased (-9.1%), and Earnings Per Share increased significantly (109.02%), both with considerable variation.