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 91.74 (%).Trend:Increase 211.83% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 43.45 (%).Trend:Decrease 52.64% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 27.74 (%).Trend:Decrease 36.16% than previous quarter

Overall: decreasing (-69.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 144.47 (%).Trend:Increase 203.89% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 68.51 (%).Trend:Decrease 52.58% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 48.09 (%).Trend:Decrease 29.81% than previous quarter

Overall: decreasing (-66.71%). 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 66.3 (%).Trend:Increase 191.17% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 34.21 (%).Trend:Decrease 48.4% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 24.26 (%).Trend:Decrease 29.09% than previous quarter

Overall: decreasing (-63.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.41 (%).Trend:Decrease 4.93% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.28 (%).Trend:Decrease 1.25% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.3 (%).Trend:Increase 0.19% than previous quarter

Overall: decreasing (-1.06%). 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 25.18 (%).Trend:Increase 3.54% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.52 (%).Trend:Increase 9.29% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 28.17 (%).Trend:Increase 2.36% than previous quarter

Overall: increasing (11.87%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.27 (USD).Trend:Decrease 81.76% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.74 (USD).Trend:Increase 174.07% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.21 (USD).Trend:Increase 63.51% than previous quarter

Overall: increasing (348.15%). Fluctuation: **Significant** (high variation).



Analyzing the provided Q1-Q3 2023 financial data, working capital efficiency demonstrates significant decline, with both liabilities and current assets on revenue decreasing. Cost efficiency also shows a significant decrease in the ratio of retained earnings to revenue.  Interestingly, selling, general, and administrative (SG&A) expense ratio shows a negligible overall decrease. Investment efficiency displays a slight but stable increase, while earnings per share has a significant increase over the period.