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 79.81 (%).Trend:Increase 226.82% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 39.25 (%).Trend:Decrease 50.82% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 27.95 (%).Trend:Decrease 28.79% than previous quarter

Overall: decreasing (-64.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 166.02 (%).Trend:Increase 227.78% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 78.27 (%).Trend:Decrease 52.86% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 52.25 (%).Trend:Decrease 33.24% than previous quarter

Overall: decreasing (-68.53%). 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 250.46 (%).Trend:Increase 224.14% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 124.49 (%).Trend:Decrease 50.3% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 83.69 (%).Trend:Decrease 32.77% than previous quarter

Overall: decreasing (-66.59%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.56 (%).Trend:Increase 18.91% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.66 (%).Trend:Increase 1.05% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.54 (%).Trend:Decrease 1.24% than previous quarter

Overall: decreasing (-0.21%). 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 57.68 (%).Trend:Decrease 2.22% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 58.92 (%).Trend:Increase 2.15% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 59.5 (%).Trend:Increase 0.98% than previous quarter

Overall: increasing (3.16%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.39 (USD).Trend:Decrease 79.37% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.79 (USD).Trend:Increase 102.56% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.18 (USD).Trend:Increase 49.37% than previous quarter

Overall: increasing (202.56%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2023-Q3 2023 data reveals significant decreases in working capital efficiency metrics (Liabilities and Current Assets on Revenue) and cost efficiency (Ratio of Retained Earnings to Revenue), all marked by high volatility.  The SG&A expense ratio decreased slightly with little variation.  Investment efficiency (Retained Earnings on Assets) exhibited a minor increase with low volatility.  Earnings per share demonstrated substantial growth, showing high variability.