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 85.17 (%).Trend:Increase 160.06% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 43.73 (%).Trend:Decrease 48.66% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 34.13 (%).Trend:Decrease 21.95% than previous quarter

Overall: decreasing (-59.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 149.19 (%).Trend:Increase 204.53% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 74.87 (%).Trend:Decrease 49.82% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 49.11 (%).Trend:Decrease 34.41% than previous quarter

Overall: decreasing (-67.08%). 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 156.71 (%).Trend:Increase 229.43% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 79.78 (%).Trend:Decrease 49.09% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 53.99 (%).Trend:Decrease 32.33% than previous quarter

Overall: decreasing (-65.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.49 (%).Trend:Decrease 1.19% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.82 (%).Trend:Increase 1.25% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.24 (%).Trend:Increase 1.57% than previous quarter

Overall: increasing (2.83%). 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 33.67 (%).Trend:Increase 14.64% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 33.38 (%).Trend:Decrease 0.86% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 32.8 (%).Trend:Decrease 1.74% than previous quarter

Overall: decreasing (-2.58%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 58.64% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.51 (USD).Trend:Increase 125.37% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.78 (USD).Trend:Increase 17.88% than previous quarter

Overall: increasing (165.67%). Fluctuation: **Significant** (high variation).



The financial data from Q1 2023 to Q3 2023 indicates significant volatility across key areas.  Working capital efficiency (liabilities and current assets on revenue) and ratio of retained earnings to revenue decreased considerably, signifying high variation. The SG&A expense ratio showed a minor increase, while retained earnings on assets slightly decreased.  Importantly, earnings per share demonstrated a marked increase (165.67%), highlighting substantial fluctuation in profitability.