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 83.99 (%).Trend:Increase 227.83% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 40.3 (%).Trend:Decrease 52.02% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 25.21 (%).Trend:Decrease 37.44% than previous quarter

Overall: decreasing (-69.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 214.92 (%).Trend:Increase 238.99% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 101.85 (%).Trend:Decrease 52.61% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 69.03 (%).Trend:Decrease 32.22% than previous quarter

Overall: decreasing (-67.88%). 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 176.3 (%).Trend:Increase 251.34% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 88.63 (%).Trend:Decrease 49.73% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 62.29 (%).Trend:Decrease 29.72% than previous quarter

Overall: decreasing (-64.67%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.34 (%).Trend:Increase 3.77% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.32 (%).Trend:Decrease 0.07% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.59 (%).Trend:Increase 0.95% than previous quarter

Overall: increasing (0.88%). 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 41.79 (%).Trend:Increase 6.28% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 44.42 (%).Trend:Increase 6.29% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 46.58 (%).Trend:Increase 4.86% than previous quarter

Overall: increasing (11.46%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.94 (USD).Trend:Decrease 64.47% than previous quarter
Year 2023 Quarter 2: Earning Per Share 4.21 (USD).Trend:Increase 117.01% than previous quarter
Year 2023 Quarter 3: Earning Per Share 6.17 (USD).Trend:Increase 46.56% than previous quarter

Overall: increasing (218.04%). Fluctuation: **Significant** (high variation).



Significant decreases are observed across working capital efficiency metrics. Liabilities on revenue decreased substantially in Q2 and Q3 2023 from high Q1 2023 values.  Similarly, current assets on revenue show a substantial decline from Q1 to Q3 2023. Cost efficiency, measured by the ratio of retained earnings to revenue, also saw a notable decrease over the three quarters of 2023.  However, the selling, general, and administrative (SG&A) expense ratio experienced a small increase overall, showing little variation. Investment efficiency, calculated by retained earnings on assets, exhibited a consistent and notable increase throughout the three quarters of 2023. Lastly, earnings per share showed a large increase over the period, demonstrating notable fluctuations.