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 41.94 (%).Trend:Increase 183.0% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 20.31 (%).Trend:Decrease 51.57% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 21.81 (%).Trend:Increase 7.39% than previous quarter

Overall: decreasing (-48.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 130.82 (%).Trend:Increase 192.47% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 67.98 (%).Trend:Decrease 48.04% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 47.29 (%).Trend:Decrease 30.44% than previous quarter

Overall: decreasing (-63.85%). 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 164.92 (%).Trend:Increase 211.29% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 85.0 (%).Trend:Decrease 48.46% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 57.47 (%).Trend:Decrease 32.39% than previous quarter

Overall: decreasing (-65.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.5 (%).Trend:Increase 5.34% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.48 (%).Trend:Decrease 0.27% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.47 (%).Trend:Decrease 0.13% than previous quarter

Overall: decreasing (-0.4%). 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 40.49 (%).Trend:Decrease 1.89% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 41.19 (%).Trend:Increase 1.73% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 41.22 (%).Trend:Increase 0.07% than previous quarter

Overall: increasing (1.8%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.12 (USD).Trend:Decrease 75.74% than previous quarter
Year 2023 Quarter 2: Earning Per Share 4.37 (USD).Trend:Increase 106.13% than previous quarter
Year 2023 Quarter 3: Earning Per Share 6.41 (USD).Trend:Increase 46.68% than previous quarter

Overall: increasing (202.36%). Fluctuation: **Significant** (high variation).



From Q1 2023 to Q3 2023, the company experienced significant declines in liabilities and current assets relative to revenue (-48% and -63.85%, respectively), and a sharp decrease in the ratio of retained earnings to revenue (-65.15%).  Conversely, earnings per share increased substantially (202.36%).  SG&A expenses decreased slightly, while retained earnings on assets showed modest growth. Volatility was a significant characteristic of several key metrics.