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 86.85 (%).Trend:Increase 153.5% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 37.9 (%).Trend:Decrease 56.36% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 22.73 (%).Trend:Decrease 40.03% than previous quarter

Overall: decreasing (-73.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 158.47 (%).Trend:Increase 213.37% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 70.74 (%).Trend:Decrease 55.36% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 44.01 (%).Trend:Decrease 37.79% than previous quarter

Overall: decreasing (-72.23%). 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 -75.91 (%).Trend:Increase 307.24% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -30.73 (%).Trend:Decrease 59.52% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -23.22 (%).Trend:Decrease 24.44% than previous quarter

Overall: increasing (-69.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 53.12 (%).Trend:Increase 3.23% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 50.15 (%).Trend:Decrease 5.59% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 52.43 (%).Trend:Increase 4.55% than previous quarter

Overall: decreasing (-1.3%). 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 -16.15 (%).Trend:Increase 25.68% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -14.95 (%).Trend:Decrease 7.43% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -16.76 (%).Trend:Increase 12.11% than previous quarter

Overall: decreasing (3.78%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.81 (USD).Trend:Decrease 67.21% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.19 (USD).Trend:Increase 170.37% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.99 (USD).Trend:Increase 36.53% than previous quarter

Overall: increasing (269.14%). Fluctuation: **Significant** (high variation).



Analyzing Q1 2023 to Q3 2023, liabilities on revenue decreased significantly (-73.83%), as did current assets on revenue (-72.23%), both with significant fluctuation.  The ratio of retained earnings to revenue increased (-69.41%) with significant variation. SG&A expense ratio decreased slightly (-1.3%), showing little variation. Retained earnings on assets decreased slightly (3.78%) with significant fluctuation.  Earnings per share increased significantly (269.14%) with high variation.