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 73.69 (%).Trend:Increase 210.27% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 36.55 (%).Trend:Decrease 50.4% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 24.28 (%).Trend:Decrease 33.57% than previous quarter

Overall: decreasing (-67.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 146.05 (%).Trend:Increase 242.92% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 71.38 (%).Trend:Decrease 51.13% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 45.32 (%).Trend:Decrease 36.51% than previous quarter

Overall: decreasing (-68.97%). 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 75.88 (%).Trend:Increase 272.14% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 36.45 (%).Trend:Decrease 51.96% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 24.48 (%).Trend:Decrease 32.84% than previous quarter

Overall: decreasing (-67.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.71 (%).Trend:Increase 30.02% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.18 (%).Trend:Decrease 6.87% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.01 (%).Trend:Decrease 2.37% than previous quarter

Overall: decreasing (-9.08%). 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 14.11 (%).Trend:Increase 5.53% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 13.93 (%).Trend:Decrease 1.28% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 14.16 (%).Trend:Increase 1.65% than previous quarter

Overall: increasing (0.35%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.86 (USD).Trend:Decrease 78.61% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.29 (USD).Trend:Increase 166.28% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.5 (USD).Trend:Increase 52.84% than previous quarter

Overall: increasing (306.98%). Fluctuation: **Significant** (high variation).



From Q1 2023 to Q3 2023, key financial indicators show substantial changes.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue decreased significantly (-67.05%, -68.97%, and -67.74% respectively). The SG&A expense ratio decreased moderately (-9.08%), while retained earnings on assets increased slightly (0.35%).  Earnings per share increased substantially (306.98%).  High fluctuation is notable across metrics.