Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 21.81 (%).Trend:Decrease 28.11% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.12 (%).Trend:Increase 28.93% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 18.29 (%).Trend:Decrease 34.96% than previous quarter

Overall: decreasing (-16.14%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 99.2 (%).Trend:Decrease 37.54% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 182.96 (%).Trend:Increase 84.44% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 126.94 (%).Trend:Decrease 30.62% than previous quarter

Overall: increasing (27.96%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 47.49 (%).Trend:Decrease 27.04% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 92.73 (%).Trend:Increase 95.26% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 65.79 (%).Trend:Decrease 29.05% than previous quarter

Overall: increasing (38.53%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.56 (%).Trend:Decrease 5.3% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.97 (%).Trend:Increase 2.63% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.04 (%).Trend:Decrease 5.82% than previous quarter

Overall: decreasing (-3.34%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 32.81 (%).Trend:Increase 7.33% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 37.26 (%).Trend:Increase 13.56% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 38.63 (%).Trend:Increase 3.68% than previous quarter

Overall: increasing (17.74%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 6.83 (USD).Trend:Increase 63.79% than previous quarter
Year 2023 Quarter 2: Earning Per Share 4.42 (USD).Trend:Decrease 35.29% than previous quarter
Year 2023 Quarter 3: Earning Per Share 6.96 (USD).Trend:Increase 57.47% than previous quarter

Overall: increasing (1.9%). Fluctuation: **Neutral** (moderate variation).



Financial statements from Q3 2022 to Q3 2023 reveal a mixed performance.  Working capital efficiency shows a decreasing trend in liabilities (-16.14%) but significant fluctuation in current assets (27.96%). Cost efficiency demonstrates a noteworthy increase in the ratio of retained earnings (38.53%) with substantial fluctuation.  SG&A expense ratio displays a steady decrease (-3.34%) with minor variation.  Investment efficiency indicates consistent growth (17.74%) in retained earnings on assets. Earnings per share also shows an upward trend (1.9%), although with moderate fluctuation.  The financial health of the company shows a mix of positive and negative trends in most metrics.