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 38.0 (%).Trend:Decrease 54.13% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 26.76 (%).Trend:Decrease 29.58% than previous quarter

Overall: decreasing (-67.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 76.69 (%).Trend:Decrease 50.76% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 50.3 (%).Trend:Decrease 34.41% than previous quarter

Overall: decreasing (-67.7%). 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 96.05 (%).Trend:Decrease 49.0% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 65.67 (%).Trend:Decrease 31.63% than previous quarter

Overall: decreasing (-65.13%). 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 24.98 (%).Trend:Increase 3.69% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 26.01 (%).Trend:Increase 4.12% than previous quarter

Overall: increasing (7.97%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.33 (USD).Trend:Increase 106.25% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.51 (USD).Trend:Increase 54.55% than previous quarter

Overall: increasing (218.75%). Fluctuation: **Significant** (high variation).



Analyzing Q1-Q3 2023 data reveals a contrasting picture compared to the previous period. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased significantly (-67.7%, -67.7%, and -65.13% respectively), suggesting a deterioration in working capital efficiency and cost management.  However, retained earnings on assets showed slight improvement (7.97%), and earnings per share grew substantially (218.75%), indicating sustained profitability despite the negative trends.