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 21.81 (%).Trend:Increase 127.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 12.85 (%).Trend:Decrease 41.08% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 9.12 (%).Trend:Decrease 29.03% than previous quarter

Overall: decreasing (-58.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 36.76 (%).Trend:Increase 135.19% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 20.79 (%).Trend:Decrease 43.44% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 14.54 (%).Trend:Decrease 30.06% than previous quarter

Overall: decreasing (-60.45%). 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 10.27 (%).Trend:Increase 149.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 5.95 (%).Trend:Decrease 42.06% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 4.2 (%).Trend:Decrease 29.41% than previous quarter

Overall: decreasing (-59.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.38 (%).Trend:Decrease 3.62% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.12 (%).Trend:Decrease 1.81% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.16 (%).Trend:Increase 0.28% than previous quarter

Overall: decreasing (-1.53%). 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 13.01 (%).Trend:Increase 0.93% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 13.35 (%).Trend:Increase 2.61% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 13.47 (%).Trend:Increase 0.9% than previous quarter

Overall: increasing (3.54%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.33 (USD).Trend:Decrease 65.62% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.9 (USD).Trend:Increase 172.73% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.22 (USD).Trend:Increase 35.56% than previous quarter

Overall: increasing (269.7%). Fluctuation: **Significant** (high variation).



Working capital efficiency declined significantly during Q1 to Q3 2023. Liabilities on revenue decreased substantially, while current assets on revenue also decreased. Cost efficiency demonstrates significant overall decrease in the ratio of retained earnings to revenue. The SG&A expense ratio shows a slight downward trend. Investment efficiency shows a small increase in retained earnings on assets with little fluctuation. Earnings per share show substantial increases, with high variation.