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 98.04 (%).Trend:Increase 198.27% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 49.12 (%).Trend:Decrease 49.9% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 37.16 (%).Trend:Decrease 24.35% than previous quarter

Overall: decreasing (-62.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 534.75 (%).Trend:Increase 203.56% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 267.76 (%).Trend:Decrease 49.93% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 192.45 (%).Trend:Decrease 28.13% than previous quarter

Overall: decreasing (-64.01%). 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 762.93 (%).Trend:Increase 202.22% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 397.03 (%).Trend:Decrease 47.96% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 269.55 (%).Trend:Decrease 32.11% than previous quarter

Overall: decreasing (-64.67%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.01 (%).Trend:Increase 14.38% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.83 (%).Trend:Increase 4.31% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.56 (%).Trend:Decrease 1.36% than previous quarter

Overall: increasing (2.89%). 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 80.25 (%).Trend:Increase 0.46% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 81.85 (%).Trend:Increase 1.99% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 81.15 (%).Trend:Decrease 0.86% than previous quarter

Overall: increasing (1.12%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 7.64 (USD).Trend:Decrease 73.92% than previous quarter
Year 2023 Quarter 2: Earning Per Share 16.69 (USD).Trend:Increase 118.46% than previous quarter
Year 2023 Quarter 3: Earning Per Share 26.16 (USD).Trend:Increase 56.74% than previous quarter

Overall: increasing (242.41%). Fluctuation: **Significant** (high variation).



Strategic analysis of Q1 2023 - Q3 2023 data indicates a need for investigation into working capital efficiency.  Significant decreases in liabilities on revenue, current assets on revenue, and retained earnings to revenue ratios necessitate review of operational efficiency and profitability.  The slight increase in SG&A expense ratio and retained earnings on assets require further contextual analysis.  The dramatic increase in earnings per share warrants scrutiny, given the significant fluctuations across all metrics.