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 133.5 (%).Trend:Increase 85.47% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 67.7 (%).Trend:Decrease 49.29% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 47.5 (%).Trend:Decrease 29.84% than previous quarter

Overall: decreasing (-64.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 82.37 (%).Trend:Increase 246.82% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 46.77 (%).Trend:Decrease 43.22% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 34.54 (%).Trend:Decrease 26.15% than previous quarter

Overall: decreasing (-58.07%). 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 255.87 (%).Trend:Decrease 1345.72% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 177.52 (%).Trend:Decrease 30.62% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 203.38 (%).Trend:Increase 14.57% than previous quarter

Overall: decreasing (-20.51%). Fluctuation: **Neutral** (moderate 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 35.76 (%).Trend:Decrease 343.76% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 38.97 (%).Trend:Increase 8.98% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 51.11 (%).Trend:Increase 31.15% than previous quarter

Overall: increasing (42.93%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 23.08 (USD).Trend:Decrease 283.47% than previous quarter
Year 2023 Quarter 2: Earning Per Share 27.91 (USD).Trend:Increase 20.93% than previous quarter
Year 2023 Quarter 3: Earning Per Share 55.72 (USD).Trend:Increase 99.64% than previous quarter

Overall: increasing (141.42%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2023 financial data reveals significant fluctuations in working capital efficiency. Liabilities on Revenue declined from Q1 to Q3, demonstrating substantial volatility. Current assets on Revenue also saw a decrease overall. Cost Efficiency, using the Ratio of Retained Earnings to Revenue, shows a slight overall decline with moderate fluctuation. Invest Efficiency demonstrates a moderate increase. Earning Per Share saw an increase with notable fluctuations.