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 81.85 (%).Trend:Increase 187.19% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 40.35 (%).Trend:Decrease 50.7% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 26.6 (%).Trend:Decrease 34.08% than previous quarter

Overall: decreasing (-67.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 163.27 (%).Trend:Increase 205.18% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 83.2 (%).Trend:Decrease 49.04% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 57.57 (%).Trend:Decrease 30.81% than previous quarter

Overall: decreasing (-64.74%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.52 (%).Trend:Increase 1.9% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.38 (%).Trend:Decrease 0.9% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.37 (%).Trend:Decrease 0.07% than previous quarter

Overall: decreasing (-0.97%). 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
Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.39 (USD).Trend:Decrease 58.56% than previous quarter
Year 2023 Quarter 2: Earning Per Share 7.24 (USD).Trend:Increase 113.57% than previous quarter
Year 2023 Quarter 3: Earning Per Share 10.96 (USD).Trend:Increase 51.38% than previous quarter

Overall: increasing (223.3%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2023 indicate declining working capital efficiency. Liabilities and current assets on revenue showed significant decreases throughout the period.  Cost efficiency (SG&A expense ratio) remained relatively stable, while investment efficiency (earnings per share) increased significantly.