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 61.38 (%).Trend:Increase 142.7% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 29.48 (%).Trend:Decrease 51.97% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.83 (%).Trend:Decrease 32.73% than previous quarter

Overall: decreasing (-67.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 149.86 (%).Trend:Increase 183.72% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 71.07 (%).Trend:Decrease 52.58% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 49.58 (%).Trend:Decrease 30.24% than previous quarter

Overall: decreasing (-66.92%). 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 347.11 (%).Trend:Increase 192.33% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 170.24 (%).Trend:Decrease 50.96% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 115.73 (%).Trend:Decrease 32.02% than previous quarter

Overall: decreasing (-66.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.7 (%).Trend:Decrease 0.47% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.61 (%).Trend:Decrease 0.84% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.58 (%).Trend:Increase 9.14% than previous quarter

Overall: increasing (8.22%). 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 72.56 (%).Trend:Increase 1.5% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 73.35 (%).Trend:Increase 1.09% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 73.8 (%).Trend:Increase 0.61% than previous quarter

Overall: increasing (1.71%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 68.54% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.31 (USD).Trend:Increase 95.52% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.96 (USD).Trend:Increase 49.62% than previous quarter

Overall: increasing (192.54%). Fluctuation: **Significant** (high variation).



Finance statements for Q1 2023 to Q3 2023 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue decreased from 61.38% in Q1 to 19.83% in Q3, a -67.69% overall decrease.  Current assets on revenue also decreased significantly (-66.92%) from 149.86% in Q1 to 49.58% in Q3.  Retained earnings to revenue ratio decreased from 347.11% to 115.73%, an overall -66.66% decrease.  SG&A expense ratio is increasing (8.22%) overall with low fluctuation. Retained earnings on assets show steady, low-variance increase (1.71%). Earning per share saw a large increase from Q1 2023 to Q3 2023 (192.54%).