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 74.89 (%).Trend:Increase 168.9% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 40.64 (%).Trend:Decrease 45.73% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 29.52 (%).Trend:Decrease 27.36% than previous quarter

Overall: decreasing (-60.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 158.83 (%).Trend:Increase 196.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 72.86 (%).Trend:Decrease 54.13% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 50.42 (%).Trend:Decrease 30.8% than previous quarter

Overall: decreasing (-68.26%). 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 286.1 (%).Trend:Increase 206.78% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 151.09 (%).Trend:Decrease 47.19% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 107.27 (%).Trend:Decrease 29.0% than previous quarter

Overall: decreasing (-62.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.04 (%).Trend:Decrease 5.28% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.99 (%).Trend:Decrease 0.5% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.27 (%).Trend:Increase 2.8% than previous quarter

Overall: increasing (2.29%). 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 18.51 (%).Trend:Increase 13.98% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 19.86 (%).Trend:Increase 7.29% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 20.85 (%).Trend:Increase 4.98% than previous quarter

Overall: increasing (12.64%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.9 (USD).Trend:Decrease 45.24% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.83 (USD).Trend:Increase 101.58% than previous quarter
Year 2023 Quarter 3: Earning Per Share 5.59 (USD).Trend:Increase 45.95% than previous quarter

Overall: increasing (194.21%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2023 reveals significant decreases in Liabilities on Revenue (-60.58%), Current Assets on Revenue (-68.26%), and Ratio of Retained Earnings to Revenue (-62.51%), all with high variability.  Conversely, Retained Earning on Assets increased by 12.64% with low variability.  Earnings Per Share showed a substantial increase (194.21%) with significant fluctuation. SG&A expense ratio showed a slight increase (2.29%) with little fluctuation.