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 53.15 (%).Trend:Decrease 33.63% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 79.01 (%).Trend:Increase 48.65% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 54.96 (%).Trend:Decrease 30.44% than previous quarter

Overall: increasing (3.41%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 52.63 (%).Trend:Decrease 27.68% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 85.43 (%).Trend:Increase 62.32% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 60.86 (%).Trend:Decrease 28.76% than previous quarter

Overall: increasing (15.64%). Fluctuation: **Neutral** (moderate 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 39.22 (%).Trend:Decrease 30.66% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 61.84 (%).Trend:Increase 57.67% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 42.47 (%).Trend:Decrease 31.32% than previous quarter

Overall: increasing (8.29%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 16.16 (%).Trend:Increase 4.19% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 17.31 (%).Trend:Increase 7.12% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 17.78 (%).Trend:Increase 2.72% than previous quarter

Overall: increasing (10.02%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.31 (USD).Trend:Increase 63.16% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.22 (USD).Trend:Decrease 29.03% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.35 (USD).Trend:Increase 59.09% than previous quarter

Overall: increasing (12.9%). Fluctuation: **Neutral** (moderate variation).



The analysis of Q3 2022 to Q3 2023 data reveals modest growth trends with moderate fluctuations.  Liabilities on Revenue saw a small overall increase (3.41%). Current assets on Revenue experienced a 15.64% increase. The Ratio of Retained Earnings to Revenue increased by 8.29%. Retained Earning on Assets showed consistent growth (10.02%). Earnings Per Share also increased by 12.9%.