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 59.45 (%).Trend:Increase 250.74% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 24.2 (%).Trend:Decrease 59.29% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 18.68 (%).Trend:Decrease 22.81% than previous quarter

Overall: decreasing (-68.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 180.78 (%).Trend:Increase 262.14% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 80.92 (%).Trend:Decrease 55.24% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 55.72 (%).Trend:Decrease 31.14% than previous quarter

Overall: decreasing (-69.18%). 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 161.71 (%).Trend:Increase 334.12% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 83.02 (%).Trend:Decrease 48.66% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 54.69 (%).Trend:Decrease 34.12% than previous quarter

Overall: decreasing (-66.18%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.23 (%).Trend:Increase 21.45% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.59 (%).Trend:Increase 2.36% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.97 (%).Trend:Increase 2.44% than previous quarter

Overall: increasing (4.86%). 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 54.34 (%).Trend:Increase 0.74% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 59.84 (%).Trend:Increase 10.12% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 58.79 (%).Trend:Decrease 1.75% than previous quarter

Overall: increasing (8.19%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows significant fluctuation. Liabilities on revenue decreased substantially from Q1 to Q2 2023, then further decreased in Q3 2023. Current assets on revenue similarly saw significant fluctuations, increasing dramatically from the previous quarter in Q1, then decreasing substantially in Q2 and Q3. Cost efficiency shows significant variation in the ratio of retained earnings to revenue, decreasing by 66.18% overall. The SG&A expense ratio increased slightly from Q1 to Q3 2023. Investment efficiency shows a slight increase (8.19%) in retained earnings on assets with low variation.