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 218.95 (%).Trend:Increase 147.07% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 108.7 (%).Trend:Decrease 50.35% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 70.72 (%).Trend:Decrease 34.94% than previous quarter

Overall: decreasing (-67.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 244.8 (%).Trend:Increase 189.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 130.04 (%).Trend:Decrease 46.88% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 81.37 (%).Trend:Decrease 37.43% than previous quarter

Overall: decreasing (-66.76%). 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 353.6 (%).Trend:Increase 204.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 182.25 (%).Trend:Decrease 48.46% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 125.67 (%).Trend:Decrease 31.05% than previous quarter

Overall: decreasing (-64.46%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 48.7 (%).Trend:Increase 5.64% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 48.97 (%).Trend:Increase 0.55% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 51.71 (%).Trend:Increase 5.6% than previous quarter

Overall: increasing (6.18%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.2 (USD).Trend:Decrease 68.83% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.55 (USD).Trend:Increase 112.5% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.04 (USD).Trend:Increase 58.43% than previous quarter

Overall: increasing (236.67%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2023 to Q3 2023 exhibits significant volatility. Liabilities and current assets on revenue experienced substantial decreases over the three quarters. Cost efficiency, as indicated by the ratio of retained earnings to revenue, displayed a similar pattern of decline. However, investment efficiency, as represented by retained earnings on assets, demonstrated a steady upward trend. Earnings per share demonstrated substantial volatility, escalating in the period.