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 41.88 (%).Trend:Increase 246.69% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 18.44 (%).Trend:Decrease 55.97% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 12.0 (%).Trend:Decrease 34.92% than previous quarter

Overall: decreasing (-71.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 181.94 (%).Trend:Increase 297.6% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 99.12 (%).Trend:Decrease 45.52% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 72.05 (%).Trend:Decrease 27.31% than previous quarter

Overall: decreasing (-60.4%). 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 228.17 (%).Trend:Increase 266.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 127.22 (%).Trend:Decrease 44.24% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 92.72 (%).Trend:Decrease 27.12% than previous quarter

Overall: decreasing (-59.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.42 (%).Trend:Increase 14.83% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.82 (%).Trend:Increase 7.38% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.84 (%).Trend:Increase 0.34% than previous quarter

Overall: increasing (7.75%). 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 89.37 (%).Trend:Decrease 2.56% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 92.24 (%).Trend:Increase 3.21% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 93.56 (%).Trend:Increase 1.43% than previous quarter

Overall: increasing (4.69%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.0 (USD).Trend:Decrease 66.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.0 (USD).Trend:Decrease 33.33% than previous quarter

Overall: increasing (33.33%). Fluctuation: **Significant** (high variation).



Significant fluctuations are evident in the financial data for Q1-Q3 2023.  Working capital efficiency declined sharply, with liabilities on revenue decreasing by 71.35% and current assets on revenue decreasing by 60.4%. The ratio of retained earnings to revenue also decreased significantly by 59.36%.  While Selling, General, and Administrative (SG&A) expense ratio increased slightly (7.75%) showing a stable trend.  Investment efficiency demonstrated a modest increase in retained earnings on assets (4.69%) with low fluctuation.  However, earning per share showed substantial variation and increased overall by 33.33%.