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 55.55 (%).Trend:Increase 263.07% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 27.73 (%).Trend:Decrease 50.08% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 17.46 (%).Trend:Decrease 37.04% than previous quarter

Overall: decreasing (-68.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 158.15 (%).Trend:Increase 194.73% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 82.97 (%).Trend:Decrease 47.54% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 57.03 (%).Trend:Decrease 31.26% than previous quarter

Overall: decreasing (-63.94%). 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 179.07 (%).Trend:Increase 218.63% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 96.76 (%).Trend:Decrease 45.97% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 67.32 (%).Trend:Decrease 30.43% than previous quarter

Overall: decreasing (-62.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.11 (%).Trend:Decrease 1.83% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.42 (%).Trend:Increase 3.4% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.49 (%).Trend:Increase 0.74% than previous quarter

Overall: increasing (4.17%). 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 46.13 (%).Trend:Increase 5.66% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 46.83 (%).Trend:Increase 1.52% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 47.9 (%).Trend:Increase 2.28% than previous quarter

Overall: increasing (3.84%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.24 (USD).Trend:Decrease 55.56% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.41 (USD).Trend:Increase 94.35% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.7 (USD).Trend:Increase 53.53% than previous quarter

Overall: increasing (198.39%). Fluctuation: **Significant** (high variation).



Q1-Q3 2023 financial data reveal decreasing trends in working capital efficiency and cost efficiency metrics. Liabilities on revenue and current assets on revenue decreased substantially, while the ratio of retained earnings to revenue saw significant declines. However, selling, general, and administrative (SG&A) expense ratio shows a small increase, and investment efficiency displays a modest increase. Earnings per share also show a significant upward trend with considerable fluctuation.