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 50.1 (%).Trend:Increase 69.95% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 16.69 (%).Trend:Decrease 66.69% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 20.97 (%).Trend:Increase 25.64% than previous quarter

Overall: decreasing (-58.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 119.62 (%).Trend:Increase 209.02% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 46.01 (%).Trend:Decrease 61.54% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 37.68 (%).Trend:Decrease 18.1% than previous quarter

Overall: decreasing (-68.5%). 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 3.26 (%).Trend:Decrease 14.88% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.59 (%).Trend:Increase 10.12% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.16 (%).Trend:Increase 15.88% than previous quarter

Overall: increasing (27.61%). Fluctuation: **Neutral** (moderate 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 9.0 (USD).Trend:Decrease 50.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 15.0 (USD).Trend:Increase 66.67% than previous quarter
Year 2023 Quarter 3: Earning Per Share 15.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: increasing (66.67%). Fluctuation: **Neutral** (moderate variation).



Working capital efficiency displays substantial fluctuation in both liabilities and current assets on revenue over the three quarters of 2023. Liabilities on revenue decreased overall, but with major variations. Current assets on revenue are also volatile, decreasing overall but with significant increases and decreases in individual quarters. Cost efficiency shows a moderate increase in the SG&A expense ratio, with minimal variation overall. Investment efficiency, as measured by earnings per share, is trending upward with minor fluctuations.