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 23.73 (%).Trend:Decrease 36.52% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 38.26 (%).Trend:Increase 61.23% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 25.22 (%).Trend:Decrease 34.08% than previous quarter

Overall: increasing (6.28%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 36.46 (%).Trend:Decrease 33.22% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 62.48 (%).Trend:Increase 71.37% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 41.04 (%).Trend:Decrease 34.31% than previous quarter

Overall: increasing (12.56%). Fluctuation: **Significant** (high 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 48.5 (%).Trend:Decrease 32.6% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 75.92 (%).Trend:Increase 56.54% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 49.64 (%).Trend:Decrease 34.62% than previous quarter

Overall: increasing (2.35%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.55 (%).Trend:Decrease 0.14% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.0 (%).Trend:Increase 6.73% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.8 (%).Trend:Decrease 0.87% than previous quarter

Overall: increasing (5.8%). 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 40.07 (%).Trend:Increase 3.33% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 38.23 (%).Trend:Decrease 4.59% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 38.69 (%).Trend:Increase 1.2% than previous quarter

Overall: decreasing (-3.44%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.41 (USD).Trend:Increase 42.68% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.33 (USD).Trend:Decrease 90.32% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.63 (USD).Trend:Increase 90.91% than previous quarter

Overall: decreasing (-81.52%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q3 2023, Liabilities on Revenue increased 6.28% with neutral fluctuation, while Current assets on Revenue increased 12.56% with significant fluctuation. Ratio of Retained Earnings to Revenue increased 2.35% with neutral fluctuation, and SG&A Expense Ratio increased 5.8% with little fluctuation.  Retained Earning on Assets decreased -3.44% with little fluctuation, and Earning Per Share decreased -81.52% with significant fluctuation.