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 35.73 (%).Trend:Increase 187.91% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 17.36 (%).Trend:Decrease 51.41% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 12.2 (%).Trend:Decrease 29.72% than previous quarter

Overall: decreasing (-65.86%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 47.93 (%).Trend:Increase 184.79% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 23.25 (%).Trend:Decrease 51.49% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 15.79 (%).Trend:Decrease 32.09% than previous quarter

Overall: decreasing (-67.06%). 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 12.7 (%).Trend:Increase 249.86% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 7.22 (%).Trend:Decrease 43.15% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 5.11 (%).Trend:Decrease 29.22% than previous quarter

Overall: decreasing (-59.76%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.49 (%).Trend:Increase 1.68% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.28 (%).Trend:Decrease 1.45% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.32 (%).Trend:Increase 0.28% than previous quarter

Overall: decreasing (-1.17%). 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 8.32 (%).Trend:Increase 18.86% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 9.72 (%).Trend:Increase 16.83% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 10.26 (%).Trend:Increase 5.56% than previous quarter

Overall: increasing (23.32%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.33 (USD).Trend:Decrease 49.23% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.11 (USD).Trend:Increase 236.36% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.49 (USD).Trend:Increase 34.23% than previous quarter

Overall: increasing (351.52%). Fluctuation: **Significant** (high variation).



Financial data from Q1 to Q3 2023 reveals significant volatility.  Liabilities and current assets on revenue decreased substantially. The ratio of retained earnings to revenue decreased significantly. The SG&A expense ratio shows little fluctuation. Investment efficiency demonstrates a positive upward trend for retained earnings on assets. Earnings per share increased significantly, although with substantial fluctuations across the period. Further investigation into these dynamics is necessary.