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 86.06 (%).Trend:Increase 236.43% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 39.22 (%).Trend:Decrease 54.43% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 24.87 (%).Trend:Decrease 36.59% than previous quarter

Overall: decreasing (-71.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 227.61 (%).Trend:Increase 191.02% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 105.56 (%).Trend:Decrease 53.62% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 67.81 (%).Trend:Decrease 35.76% than previous quarter

Overall: decreasing (-70.21%). 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 27.86 (%).Trend:Increase 172.87% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 11.0 (%).Trend:Decrease 60.52% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 5.61 (%).Trend:Decrease 49.0% than previous quarter

Overall: decreasing (-79.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.9 (%).Trend:Decrease 1.09% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.94 (%).Trend:Increase 0.13% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.26 (%).Trend:Increase 1.03% than previous quarter

Overall: increasing (1.17%). 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 8.6 (%).Trend:Decrease 5.81% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 7.21 (%).Trend:Decrease 16.16% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 5.62 (%).Trend:Decrease 22.05% than previous quarter

Overall: decreasing (-34.65%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.94 (USD).Trend:Decrease 67.7% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.79 (USD).Trend:Increase 90.43% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.59 (USD).Trend:Increase 44.69% than previous quarter

Overall: increasing (175.53%). Fluctuation: **Significant** (high variation).



Q1 2023 to Q3 2023 data reveals significant decreases in liabilities on revenue (-71.1%), current assets on revenue (-70.21%), and ratio of retained earnings to revenue (-79.86%), all with significant fluctuation.  In contrast, SG&A expense ratio increased slightly (1.17%) with minimal fluctuation.  Retained earnings on assets decreased (-34.65%) with moderate fluctuation, while earnings per share dramatically increased (175.53%) and showed significant variation.