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 59.22 (%).Trend:Increase 192.59% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.48 (%).Trend:Decrease 48.53% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.9 (%).Trend:Decrease 34.71% than previous quarter

Overall: decreasing (-66.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 84.36 (%).Trend:Increase 199.57% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 39.55 (%).Trend:Decrease 53.12% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 26.3 (%).Trend:Decrease 33.5% than previous quarter

Overall: decreasing (-68.82%). 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 142.24 (%).Trend:Increase 205.11% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 72.86 (%).Trend:Decrease 48.78% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 49.89 (%).Trend:Decrease 31.53% than previous quarter

Overall: decreasing (-64.93%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 38.52 (%).Trend:Increase 0.55% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 39.21 (%).Trend:Increase 1.79% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 39.69 (%).Trend:Increase 1.22% than previous quarter

Overall: increasing (3.04%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.37 (USD).Trend:Decrease 72.73% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.46 (USD).Trend:Increase 91.69% than previous quarter
Year 2023 Quarter 3: Earning Per Share 9.52 (USD).Trend:Increase 47.37% than previous quarter

Overall: increasing (182.49%). Fluctuation: **Significant** (high variation).



The financial data from Q1 2023 to Q3 2023 reveals significant volatility in working capital, cost, and earnings.  Liabilities on revenue decreased by 66.4%, while current assets on revenue decreased by 68.82%.  Cost efficiency, as measured by the ratio of retained earnings to revenue, decreased by 64.93%.  In contrast, investment efficiency, tracked by retained earnings on assets, shows a small, sustained increase. Earnings per share (EPS) show a substantial increase (182.49%). These figures indicate considerable operational variability, and further investigation into underlying causes is recommended.