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 121.81 (%).Trend:Increase 251.65% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 58.67 (%).Trend:Decrease 51.83% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 44.19 (%).Trend:Decrease 24.68% than previous quarter

Overall: decreasing (-63.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 230.67 (%).Trend:Increase 273.98% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 121.9 (%).Trend:Decrease 47.15% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 100.04 (%).Trend:Decrease 17.93% than previous quarter

Overall: decreasing (-56.63%). 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 564.21 (%).Trend:Increase 250.59% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 288.63 (%).Trend:Decrease 48.84% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 199.42 (%).Trend:Decrease 30.91% than previous quarter

Overall: decreasing (-64.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 29.96 (%).Trend:Increase 9.42% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.31 (%).Trend:Increase 1.17% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 30.6 (%).Trend:Increase 0.96% than previous quarter

Overall: increasing (2.14%). 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 47.55 (%).Trend:Increase 3.64% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 48.7 (%).Trend:Increase 2.42% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 48.18 (%).Trend:Decrease 1.07% than previous quarter

Overall: increasing (1.32%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.96 (USD).Trend:Decrease 67.33% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.46 (USD).Trend:Increase 76.53% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.98 (USD).Trend:Increase 43.93% than previous quarter

Overall: increasing (154.08%). Fluctuation: **Significant** (high variation).



Over Q1-Q3 2023, key financial metrics displayed mixed results. Working capital efficiency showed significant decreases in liabilities and current assets on revenue (-63.72% and -56.63% respectively). Cost efficiency, indicated by the ratio of retained earnings to revenue, decreased significantly (-64.66%), although SG&A expenses remained relatively stable. Investment efficiency improved slightly (1.32% increase in retained earnings on assets).  Earnings per share showed substantial growth (154.08%), highlighting significant profitability improvements.