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 127.01 (%).Trend:Increase 219.6% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 65.32 (%).Trend:Decrease 48.57% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 42.7 (%).Trend:Decrease 34.63% than previous quarter

Overall: decreasing (-66.38%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 90.95 (%).Trend:Increase 211.9% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 47.89 (%).Trend:Decrease 47.34% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 31.32 (%).Trend:Decrease 34.6% than previous quarter

Overall: decreasing (-65.56%). 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 110.3 (%).Trend:Increase 208.1% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 55.1 (%).Trend:Decrease 50.05% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 37.18 (%).Trend:Decrease 32.52% than previous quarter

Overall: decreasing (-66.29%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.05 (%).Trend:Increase 7.14% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.62 (%).Trend:Decrease 4.28% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.76 (%).Trend:Increase 1.46% than previous quarter

Overall: decreasing (-2.89%). 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 26.25 (%).Trend:Increase 2.18% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 26.61 (%).Trend:Increase 1.37% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 27.39 (%).Trend:Increase 2.93% than previous quarter

Overall: increasing (4.34%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 4.28 (USD).Trend:Decrease 75.68% than previous quarter
Year 2023 Quarter 2: Earning Per Share 9.24 (USD).Trend:Increase 115.89% than previous quarter
Year 2023 Quarter 3: Earning Per Share 14.03 (USD).Trend:Increase 51.84% than previous quarter

Overall: increasing (227.8%). Fluctuation: **Significant** (high variation).



The provided data reveals a significant decrease in working capital efficiency from Q1 2023 to Q3 2023. Both liabilities on revenue and current assets on revenue show substantial decreases overall, but with considerable quarter-to-quarter changes. Cost efficiency, as measured by the ratio of retained earnings to revenue, also dropped considerably, exhibiting significant fluctuation.  However, the SG&A expense ratio showed only minor variation.  Investment efficiency (retained earnings on assets) slightly increased with low fluctuation. Earnings per share show a substantial overall increase, yet remain volatile.