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 127.01 (%).Trend:Increase 219.6% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 65.32 (%).Trend:Decrease 48.57% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 42.7 (%).Trend:Decrease 34.63% than previous quarter

Overall: decreasing (-66.38%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 90.95 (%).Trend:Increase 211.9% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 47.89 (%).Trend:Decrease 47.34% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 31.32 (%).Trend:Decrease 34.6% than previous quarter

Overall: decreasing (-65.56%). 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 110.3 (%).Trend:Increase 208.1% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 55.1 (%).Trend:Decrease 50.05% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 37.18 (%).Trend:Decrease 32.52% than previous quarter

Overall: decreasing (-66.29%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.05 (%).Trend:Increase 7.14% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.62 (%).Trend:Decrease 4.28% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.76 (%).Trend:Increase 1.46% than previous quarter

Overall: decreasing (-2.89%). 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 26.25 (%).Trend:Increase 2.18% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 26.61 (%).Trend:Increase 1.37% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 27.39 (%).Trend:Increase 2.93% than previous quarter

Overall: increasing (4.34%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 4.28 (USD).Trend:Decrease 75.68% than previous quarter
Year 2023 Quarter 2: Earning Per Share 9.24 (USD).Trend:Increase 115.89% than previous quarter
Year 2023 Quarter 3: Earning Per Share 14.03 (USD).Trend:Increase 51.84% than previous quarter

Overall: increasing (227.8%). Fluctuation: **Significant** (high variation).



From Q1 2023 to Q3 2023, working capital efficiency metrics (liabilities and current assets on revenue) decreased significantly, characterized by high volatility.  The ratio of retained earnings to revenue also declined sharply, reflecting significant fluctuations in cost efficiency.  Conversely, the SG&A expense ratio demonstrated relatively stable performance. Investment efficiency, based on retained earnings on assets, showed a slight upward trend with minimal volatility. Earnings per share experienced a substantial increase, yet remained volatile.