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 50.9 (%).Trend:Increase 198.71% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.94 (%).Trend:Decrease 43.14% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 14.5 (%).Trend:Decrease 49.9% than previous quarter

Overall: decreasing (-71.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 236.53 (%).Trend:Increase 217.45% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 127.03 (%).Trend:Decrease 46.29% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 81.06 (%).Trend:Decrease 36.19% than previous quarter

Overall: decreasing (-65.73%). 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 234.55 (%).Trend:Increase 227.86% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 122.18 (%).Trend:Decrease 47.91% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 82.28 (%).Trend:Decrease 32.66% than previous quarter

Overall: decreasing (-64.92%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.21 (%).Trend:Increase 16.02% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.74 (%).Trend:Increase 5.19% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.56 (%).Trend:Decrease 1.68% than previous quarter

Overall: increasing (3.43%). 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 39.81 (%).Trend:Increase 6.53% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 35.91 (%).Trend:Decrease 9.8% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 37.43 (%).Trend:Increase 4.23% than previous quarter

Overall: decreasing (-5.98%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.4 (USD).Trend:Decrease 64.19% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.84 (USD).Trend:Increase 102.86% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.43 (USD).Trend:Increase 20.77% than previous quarter

Overall: increasing (145.0%). Fluctuation: **Significant** (high variation).



Q1-Q3 2023 financial data shows a concerning decline in working capital efficiency. Liabilities and current assets on revenue exhibit significant volatility, indicating instability in short-term asset management.  A marked drop in the retained earnings-to-revenue ratio further underscores this point.  SG&A expense ratio, however, shows a slight rise.  Investment efficiency (retained earnings on assets) also experiences a small decrease, while earnings per share show a notable increase.