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 74.44 (%).Trend:Increase 110.22% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 40.33 (%).Trend:Decrease 45.82% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 40.89 (%).Trend:Increase 1.39% than previous quarter

Overall: decreasing (-45.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 205.28 (%).Trend:Increase 185.71% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 106.93 (%).Trend:Decrease 47.91% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 70.88 (%).Trend:Decrease 33.71% than previous quarter

Overall: decreasing (-65.47%). 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 160.82 (%).Trend:Increase 195.68% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 84.11 (%).Trend:Decrease 47.7% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 59.73 (%).Trend:Decrease 28.99% than previous quarter

Overall: decreasing (-62.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.79 (%).Trend:Increase 7.49% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.66 (%).Trend:Decrease 0.88% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.99 (%).Trend:Increase 2.25% than previous quarter

Overall: increasing (1.35%). 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 34.7 (%).Trend:Decrease 1.34% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 34.11 (%).Trend:Decrease 1.7% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 35.18 (%).Trend:Increase 3.14% than previous quarter

Overall: increasing (1.38%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.69 (USD).Trend:Decrease 59.76% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.43 (USD).Trend:Increase 102.96% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.68 (USD).Trend:Increase 36.44% than previous quarter

Overall: increasing (176.92%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2023 to Q3 2023 shows considerable volatility. Liabilities on revenue fluctuated greatly. Current assets on revenue decreased significantly over the period. Cost efficiency, specifically the ratio of retained earnings to revenue, declined substantially. Conversely, the SG&A expense ratio remained fairly constant. Invest efficiency exhibited very small changes, while earning per share showed notable fluctuation, ultimately trending upwards.