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 137.58 (%).Trend:Increase 193.47% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 68.85 (%).Trend:Decrease 49.96% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 60.25 (%).Trend:Decrease 12.49% than previous quarter

Overall: decreasing (-56.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 156.56 (%).Trend:Increase 203.94% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 74.75 (%).Trend:Decrease 52.25% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 53.28 (%).Trend:Decrease 28.72% than previous quarter

Overall: decreasing (-65.97%). 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 67.05 (%).Trend:Increase 202.44% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 33.95 (%).Trend:Decrease 49.37% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 23.28 (%).Trend:Decrease 31.43% than previous quarter

Overall: decreasing (-65.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.29 (%).Trend:Decrease 3.25% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.98 (%).Trend:Decrease 1.79% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.93 (%).Trend:Decrease 0.29% than previous quarter

Overall: decreasing (-2.08%). 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 8.44 (%).Trend:Increase 1.81% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 8.8 (%).Trend:Increase 4.27% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 7.75 (%).Trend:Decrease 11.93% than previous quarter

Overall: decreasing (-8.18%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 66.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 200.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 5.0 (USD).Trend:Increase 66.67% than previous quarter

Overall: increasing (400.0%). Fluctuation: **Significant** (high variation).



Q1 2023 to Q3 2023 financial data show mixed but predominantly negative trends. Working capital efficiency shows decreasing liabilities and current assets on revenue, with significant fluctuations. Cost efficiency exhibits a substantial decrease in the retained earnings to revenue ratio.  SG&A expense ratio is steadily declining. Investment efficiency shows a decrease in retained earnings on assets, with some fluctuations. Earnings per share show a significant increase in the third quarter of 2023, but with large volatility during the first two quarters. The financial period shows a generally downward trend with variability in earnings.