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 93.05 (%).Trend:Increase 195.49% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 44.24 (%).Trend:Decrease 52.46% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.03 (%).Trend:Decrease 47.94% than previous quarter

Overall: decreasing (-75.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 136.57 (%).Trend:Increase 215.7% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 68.7 (%).Trend:Decrease 49.7% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 43.53 (%).Trend:Decrease 36.64% than previous quarter

Overall: decreasing (-68.13%). 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 141.54 (%).Trend:Increase 243.21% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 73.15 (%).Trend:Decrease 48.32% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 50.4 (%).Trend:Decrease 31.1% than previous quarter

Overall: decreasing (-64.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.87 (%).Trend:Increase 13.47% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.44 (%).Trend:Decrease 3.96% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.52 (%).Trend:Increase 0.77% than previous quarter

Overall: decreasing (-3.22%). 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 34.67 (%).Trend:Increase 5.19% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 35.65 (%).Trend:Increase 2.83% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 35.67 (%).Trend:Increase 0.06% than previous quarter

Overall: increasing (2.88%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.51 (USD).Trend:Decrease 59.95% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.68 (USD).Trend:Increase 77.48% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.01 (USD).Trend:Increase 49.63% than previous quarter

Overall: increasing (165.56%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2023 reveals significant volatility in several key metrics.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased substantially.  Conversely, retained earnings on assets showed modest growth.  Earnings per share experienced a dramatic increase, highlighting significant fluctuation. SG&A expense remained relatively stable.