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 58.92 (%).Trend:Increase 256.87% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.06 (%).Trend:Decrease 52.38% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 18.63 (%).Trend:Decrease 33.61% than previous quarter

Overall: decreasing (-68.38%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 65.93 (%).Trend:Increase 290.58% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 32.16 (%).Trend:Decrease 51.22% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 20.78 (%).Trend:Decrease 35.39% than previous quarter

Overall: decreasing (-68.48%). 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 32.6 (%).Trend:Increase 160.8% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 16.11 (%).Trend:Decrease 50.58% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 11.22 (%).Trend:Decrease 30.35% than previous quarter

Overall: decreasing (-65.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.82 (%).Trend:Increase 3.5% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.26 (%).Trend:Decrease 4.74% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.26 (%).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-4.74%). 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 22.11 (%).Trend:Decrease 17.99% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 22.65 (%).Trend:Increase 2.44% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 23.96 (%).Trend:Increase 5.78% than previous quarter

Overall: increasing (8.37%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 85.71% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter

Overall: increasing (200.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows a significant, negative trend in both liabilities and current assets on revenue.  The ratio of retained earnings to revenue is also decreasing significantly.  Selling, general, and administrative (SG&A) expenses show a small decrease overall. Investment efficiency shows a moderate increase in retained earnings on assets with little fluctuation.  Earnings per share have increased significantly over the three quarters, but with large variance.