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 74.64 (%).Trend:Increase 255.94% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 34.79 (%).Trend:Decrease 53.39% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 24.06 (%).Trend:Decrease 30.84% than previous quarter

Overall: decreasing (-67.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 270.33 (%).Trend:Increase 239.65% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 127.46 (%).Trend:Decrease 52.85% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 88.93 (%).Trend:Decrease 30.23% than previous quarter

Overall: decreasing (-67.1%). 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 434.5 (%).Trend:Increase 224.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 221.34 (%).Trend:Decrease 49.06% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 154.02 (%).Trend:Decrease 30.41% than previous quarter

Overall: decreasing (-64.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.0 (%).Trend:Increase 13.1% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.86 (%).Trend:Decrease 1.17% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.88 (%).Trend:Increase 0.17% than previous quarter

Overall: decreasing (-1.0%). 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 83.62 (%).Trend:Decrease 4.79% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 88.69 (%).Trend:Increase 6.06% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 90.98 (%).Trend:Increase 2.58% than previous quarter

Overall: increasing (8.8%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 83.33% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 200.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 6.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (500.0%). Fluctuation: **Significant** (high variation).



From Q1 to Q3 2023, the company experienced decreasing Liabilities on Revenue (-67.77%) and Current Assets on Revenue (-67.1%), both with significant fluctuation. Cost Efficiency shows decreasing Ratio of Retained Earnings to Revenue (-64.55%) with significant fluctuation, while the SG&A Expense Ratio decreased slightly (-1.0%) with little variation. Invest Efficiency shows increasing Retained Earning on Assets (8.8%) with little variation, and a substantial increase in Earnings Per Share (500.0%) with significant fluctuation. This indicates a shift towards improved asset utilization and profitability, despite declines in working capital metrics.