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 81.68 (%).Trend:Increase 209.28% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.83 (%).Trend:Decrease 58.58% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 21.58 (%).Trend:Decrease 36.21% than previous quarter

Overall: decreasing (-73.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 230.93 (%).Trend:Increase 84.39% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 93.42 (%).Trend:Decrease 59.55% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 59.96 (%).Trend:Decrease 35.82% than previous quarter

Overall: decreasing (-74.04%). 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 130.26 (%).Trend:Increase 174.52% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 58.97 (%).Trend:Decrease 54.73% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 43.75 (%).Trend:Decrease 25.81% than previous quarter

Overall: decreasing (-66.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.09 (%).Trend:Increase 46.26% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.72 (%).Trend:Decrease 2.83% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.86 (%).Trend:Decrease 6.76% than previous quarter

Overall: decreasing (-9.4%). 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 19.57 (%).Trend:Decrease 9.77% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 21.34 (%).Trend:Increase 9.04% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 24.57 (%).Trend:Increase 15.14% than previous quarter

Overall: increasing (25.55%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 49.24% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.05 (USD).Trend:Increase 56.72% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.87 (USD).Trend:Increase 78.1% than previous quarter

Overall: increasing (179.1%). Fluctuation: **Significant** (high variation).



Financial data from Q1 to Q3 2023 reveals significant volatility. Liabilities on revenue decreased markedly from Q1 to Q3, but with a substantial increase in Q1. Current assets on revenue also displayed a significant overall decrease, despite an increase in Q1. Cost efficiency metrics (ratio of retained earnings to revenue) show a significant decrease. SG&A expense ratio decreased moderately.  Investment efficiency showed a modest increase, while earnings per share increased dramatically.