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 59.36 (%).Trend:Increase 164.17% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.8 (%).Trend:Decrease 43.06% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 22.12 (%).Trend:Decrease 34.56% than previous quarter

Overall: decreasing (-62.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 117.36 (%).Trend:Increase 174.01% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 60.92 (%).Trend:Decrease 48.09% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 40.54 (%).Trend:Decrease 33.45% than previous quarter

Overall: decreasing (-65.46%). 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 58.27 (%).Trend:Increase 187.47% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 29.05 (%).Trend:Decrease 50.15% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 19.78 (%).Trend:Decrease 31.91% than previous quarter

Overall: decreasing (-66.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 17.64 (%).Trend:Decrease 2.27% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 16.98 (%).Trend:Decrease 3.74% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 18.19 (%).Trend:Increase 7.13% than previous quarter

Overall: increasing (3.12%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 75.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share -0.07 (USD).Trend:Decrease 275.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.35 (USD).Trend:Decrease 600.0% than previous quarter

Overall: increasing (775.0%). Fluctuation: **Significant** (high variation).



The financial data shows significant fluctuations in working capital efficiency from Q1 to Q3 2023. Liabilities on revenue decreased from 59.36% in Q1 to 22.12% in Q3, a significant drop of -62.74%. Similarly, current assets on revenue fell from 117.36% in Q1 to 40.54% in Q3, a -65.46% decrease overall.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also experienced substantial volatility, decreasing by -66.05% overall. In contrast, investment efficiency, measured by retained earnings on assets, showed a modest increase (3.12%) over the period, with little fluctuation. Earning per share, however, showed a large overall increase, from a decrease in Q1 to a large positive value in Q3.