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 88.2 (%).Trend:Increase 182.15% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 43.95 (%).Trend:Decrease 50.17% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 29.19 (%).Trend:Decrease 33.58% than previous quarter

Overall: decreasing (-66.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 113.52 (%).Trend:Increase 180.23% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 56.98 (%).Trend:Decrease 49.81% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 38.15 (%).Trend:Decrease 33.05% than previous quarter

Overall: decreasing (-66.39%). 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 68.04 (%).Trend:Increase 165.47% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 34.38 (%).Trend:Decrease 49.47% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 23.57 (%).Trend:Decrease 31.44% than previous quarter

Overall: decreasing (-65.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.52 (%).Trend:Decrease 9.29% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.74 (%).Trend:Increase 1.13% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.07 (%).Trend:Increase 1.67% than previous quarter

Overall: increasing (2.82%). 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 27.06 (%).Trend:Decrease 3.5% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.54 (%).Trend:Increase 1.77% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 28.38 (%).Trend:Increase 3.05% than previous quarter

Overall: increasing (4.88%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.44 (USD).Trend:Decrease 358.82% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.78 (USD).Trend:Increase 77.27% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.28 (USD).Trend:Increase 64.1% than previous quarter

Overall: increasing (190.91%). Fluctuation: **Significant** (high variation).



From Q1 2023 to Q3 2023, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased significantly.  However, the SG&A expense ratio slightly increased, while retained earnings on assets showed a small increase.  Earnings per share increased significantly, indicating a potential positive trend despite overall decreasing working capital efficiency metrics.