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 145.57 (%).Trend:Increase 109.33% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 81.49 (%).Trend:Decrease 44.02% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 57.57 (%).Trend:Decrease 29.35% than previous quarter

Overall: decreasing (-60.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 215.78 (%).Trend:Increase 427.84% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 90.55 (%).Trend:Decrease 58.04% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 33.89 (%).Trend:Decrease 62.57% than previous quarter

Overall: decreasing (-84.29%). 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 127.77 (%).Trend:Decrease 4169.11% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 82.79 (%).Trend:Decrease 35.2% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 61.01 (%).Trend:Decrease 26.31% than previous quarter

Overall: decreasing (-52.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.84 (%).Trend:Increase 38.54% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.18 (%).Trend:Increase 47.18% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.59 (%).Trend:Increase 9.81% than previous quarter

Overall: increasing (61.62%). Fluctuation: **Neutral** (moderate 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 10.31 (%).Trend:Decrease 875.19% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 10.42 (%).Trend:Increase 1.07% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 9.15 (%).Trend:Decrease 12.19% than previous quarter

Overall: decreasing (-11.25%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.37 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.18 (USD).Trend:Decrease 5.64% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.34 (USD).Trend:Increase 5.03% than previous quarter

Overall: decreasing (-0.89%). Fluctuation: **Little** (low variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue decreased substantially from Q1 to Q3 2023, but current assets on revenue decreased even more dramatically, indicating potential issues with managing assets.  Cost efficiency also shows significant fluctuation, with the ratio of retained earnings to revenue decreasing significantly across the three quarters.  SG&A expense ratio is increasing steadily. Invest efficiency shows low fluctuation with retained earnings on assets decreasing steadily over the three quarters. Earning per share decreased slightly, with a little fluctuation.