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 120.66 (%).Trend:Increase 166.01% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 58.01 (%).Trend:Decrease 51.92% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 34.55 (%).Trend:Decrease 40.44% than previous quarter

Overall: decreasing (-71.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 159.49 (%).Trend:Increase 200.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 81.71 (%).Trend:Decrease 48.77% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 54.59 (%).Trend:Decrease 33.19% than previous quarter

Overall: decreasing (-65.77%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.8 (%).Trend:Increase 4.26% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.74 (%).Trend:Decrease 0.29% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.32 (%).Trend:Decrease 2.03% than previous quarter

Overall: decreasing (-2.31%). 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
Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.64 (USD).Trend:Decrease 70.66% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.37 (USD).Trend:Increase 105.49% than previous quarter
Year 2023 Quarter 3: Earning Per Share 5.44 (USD).Trend:Increase 61.42% than previous quarter

Overall: increasing (231.71%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2023 to Q3 2023 show substantial volatility in working capital efficiency.  Liabilities and current assets on revenue decreased significantly from Q1 to Q3.  Cost efficiency, reflected by the SG&A expense ratio, displays little change. Investment efficiency, as measured by earnings per share, exhibits substantial fluctuation, resulting in an increase.