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 118.25 (%).Trend:Increase 175.19% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 57.12 (%).Trend:Decrease 51.7% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 37.41 (%).Trend:Decrease 34.51% than previous quarter

Overall: decreasing (-68.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 215.99 (%).Trend:Increase 235.23% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 101.64 (%).Trend:Decrease 52.94% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 64.58 (%).Trend:Decrease 36.46% than previous quarter

Overall: decreasing (-70.1%). 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 266.91 (%).Trend:Increase 228.79% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 131.87 (%).Trend:Decrease 50.59% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 80.15 (%).Trend:Decrease 39.22% than previous quarter

Overall: decreasing (-69.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.45 (%).Trend:Increase 11.01% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.05 (%).Trend:Increase 3.25% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.31 (%).Trend:Increase 1.36% than previous quarter

Overall: increasing (4.66%). 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 50.73 (%).Trend:Decrease 5.09% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 52.05 (%).Trend:Increase 2.6% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 51.99 (%).Trend:Decrease 0.12% than previous quarter

Overall: increasing (2.48%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.26 (USD).Trend:Decrease 1069.23% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.85 (USD).Trend:Increase 126.19% than previous quarter
Year 2023 Quarter 3: Earning Per Share -9.1 (USD).Trend:Decrease 419.3% than previous quarter

Overall: decreasing (-822.22%). Fluctuation: **Significant** (high variation).



The Q1 2023 to Q3 2023 financial data exhibits significant decreases in key working capital efficiency metrics: liabilities and current assets on revenue.  Similar significant decreases are observed in the ratio of retained earnings to revenue.  In contrast, the SG&A expense ratio shows a small increase with low variation. Retained earnings on assets increased slightly with low fluctuation.  Earnings per share experienced a drastic overall decrease accompanied by high volatility.