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 117.18 (%).Trend:Increase 174.43% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 56.64 (%).Trend:Decrease 51.66% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 42.54 (%).Trend:Decrease 24.89% than previous quarter

Overall: decreasing (-63.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 109.92 (%).Trend:Increase 197.72% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 53.26 (%).Trend:Decrease 51.55% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 41.75 (%).Trend:Decrease 21.61% than previous quarter

Overall: decreasing (-62.02%). 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 2.77 (%).Trend:Increase 59.2% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 2.05 (%).Trend:Decrease 25.99% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 0.48 (%).Trend:Decrease 76.59% than previous quarter

Overall: decreasing (-82.67%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.64 (%).Trend:Decrease 7.99% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.04 (%).Trend:Increase 7.09% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.39 (%).Trend:Increase 5.79% than previous quarter

Overall: increasing (13.3%). 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 0.93 (%).Trend:Decrease 40.76% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.31 (%).Trend:Increase 40.86% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 0.42 (%).Trend:Decrease 67.94% than previous quarter

Overall: decreasing (-54.84%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.89 (USD).Trend:Decrease 61.11% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.42 (USD).Trend:Increase 80.95% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.69 (USD).Trend:Increase 37.13% than previous quarter

Overall: increasing (148.15%). Fluctuation: **Significant** (high variation).



Working capital efficiency in Q1-Q3 2023 shows a significant decrease in liabilities and current assets.  Liabilities decreased from a high in Q1 2023 to Q3 2023. Current assets also showed a similar pattern.  Cost efficiency shows a significant decline in the ratio of retained earnings to revenue, while the SG&A expense ratio is rising slightly. Investment efficiency also saw a significant decline. However, earnings per share saw a significant overall increase across the three quarters.