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 96.94 (%).Trend:Increase 225.19% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 45.99 (%).Trend:Decrease 52.56% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 32.7 (%).Trend:Decrease 28.9% than previous quarter

Overall: decreasing (-66.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 108.17 (%).Trend:Increase 226.6% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 56.17 (%).Trend:Decrease 48.07% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 42.9 (%).Trend:Decrease 23.62% than previous quarter

Overall: decreasing (-60.34%). 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 54.23 (%).Trend:Increase 284.61% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 29.98 (%).Trend:Decrease 44.72% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 23.03 (%).Trend:Decrease 23.18% than previous quarter

Overall: decreasing (-57.53%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.09 (%).Trend:Increase 2.81% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.58 (%).Trend:Decrease 1.88% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.85 (%).Trend:Increase 1.02% than previous quarter

Overall: decreasing (-0.89%). 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 21.29 (%).Trend:Increase 11.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 23.73 (%).Trend:Increase 11.46% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 25.8 (%).Trend:Increase 8.72% than previous quarter

Overall: increasing (21.18%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.38 (USD).Trend:Decrease 78.88% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.51 (USD).Trend:Increase 131.51% than previous quarter
Year 2023 Quarter 3: Earning Per Share 9.2 (USD).Trend:Increase 66.97% than previous quarter

Overall: increasing (286.55%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2023 data indicates significant changes in key financial metrics.  Working capital efficiency, represented by Liabilities on Revenue and Current Assets on Revenue, decreased considerably.  Cost efficiency, as shown by the Ratio of Retained Earnings to Revenue, also declined. However, SG&A Expense Ratio decreased slightly, and Retained Earnings on Assets increased consistently.  Earnings Per Share demonstrated a major rise.