Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 27.2 (%).Trend:Decrease 36.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42.96 (%).Trend:Increase 57.94% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 27.33 (%).Trend:Decrease 36.38% than previous quarter

Overall: increasing (0.48%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 55.23 (%).Trend:Decrease 34.98% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 82.67 (%).Trend:Increase 49.68% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 53.17 (%).Trend:Decrease 35.68% than previous quarter

Overall: decreasing (-3.73%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 38.34 (%).Trend:Decrease 24.33% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 70.51 (%).Trend:Increase 83.91% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 50.12 (%).Trend:Decrease 28.92% than previous quarter

Overall: increasing (30.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.12 (%).Trend:Decrease 1.4% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.13 (%).Trend:Increase 0.47% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.3 (%).Trend:Increase 7.98% than previous quarter

Overall: increasing (8.49%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 29.4 (%).Trend:Increase 8.33% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 32.91 (%).Trend:Increase 11.94% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 34.18 (%).Trend:Increase 3.86% than previous quarter

Overall: increasing (16.26%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 9.33 (USD).Trend:Increase 30.13% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.99 (USD).Trend:Decrease 67.95% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.33 (USD).Trend:Increase 44.82% than previous quarter

Overall: decreasing (-53.59%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q3 2023 reveals mixed results.  Working capital efficiency demonstrates inconsistent trends with liabilities on revenue fluctuating.  Current assets on revenue also show volatility. Cost efficiency displays a notable rise in the retained earnings-to-revenue ratio, despite substantial fluctuations. SG&A expense ratio displays a mild upward trend.  Investment efficiency reveals a sustained increase in retained earnings on assets with relatively stable fluctuations. Earnings per share declined significantly, though with substantial quarter-to-quarter variations.