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 54.62 (%).Trend:Increase 142.54% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 34.06 (%).Trend:Decrease 37.64% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.78 (%).Trend:Decrease 30.18% than previous quarter

Overall: decreasing (-56.46%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 245.08 (%).Trend:Increase 171.71% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 140.27 (%).Trend:Decrease 42.77% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 141.8 (%).Trend:Increase 1.09% than previous quarter

Overall: decreasing (-42.14%). 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 413.02 (%).Trend:Increase 198.25% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 215.48 (%).Trend:Decrease 47.83% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 154.37 (%).Trend:Decrease 28.36% than previous quarter

Overall: decreasing (-62.62%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.45 (%).Trend:Decrease 8.06% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.24 (%).Trend:Increase 3.68% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.72 (%).Trend:Increase 2.16% than previous quarter

Overall: increasing (5.92%). 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 74.82 (%).Trend:Increase 10.09% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 73.89 (%).Trend:Decrease 1.24% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 61.99 (%).Trend:Decrease 16.11% than previous quarter

Overall: decreasing (-17.15%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.59 (USD).Trend:Decrease 57.86% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.41 (USD).Trend:Increase 138.98% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.76 (USD).Trend:Increase 24.82% than previous quarter

Overall: increasing (198.31%). Fluctuation: **Significant** (high variation).



Financial data for Q1 to Q3 2023 reveals considerable instability in working capital, cost, and investment efficiency.  Liabilities and current assets on revenue decreased significantly, but with considerable volatility.  Cost efficiency, as measured by the retained earnings-to-revenue ratio, experienced a major decline and high fluctuation.  SG&A expense ratios, however, demonstrate a slight upward trend.  Investment efficiency, represented by retained earnings on assets, also decreased. Earnings per share saw a substantial overall increase, but with significant quarter-to-quarter volatility.