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 118.25 (%).Trend:Increase 175.19% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 57.12 (%).Trend:Decrease 51.7% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 37.41 (%).Trend:Decrease 34.51% than previous quarter

Overall: decreasing (-68.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 215.99 (%).Trend:Increase 235.23% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 101.64 (%).Trend:Decrease 52.94% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 64.58 (%).Trend:Decrease 36.46% than previous quarter

Overall: decreasing (-70.1%). 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 266.91 (%).Trend:Increase 228.79% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 131.87 (%).Trend:Decrease 50.59% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 80.15 (%).Trend:Decrease 39.22% than previous quarter

Overall: decreasing (-69.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.45 (%).Trend:Increase 11.01% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.05 (%).Trend:Increase 3.25% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.31 (%).Trend:Increase 1.36% than previous quarter

Overall: increasing (4.66%). 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 50.73 (%).Trend:Decrease 5.09% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 52.05 (%).Trend:Increase 2.6% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 51.99 (%).Trend:Decrease 0.12% than previous quarter

Overall: increasing (2.48%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.26 (USD).Trend:Decrease 1069.23% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.85 (USD).Trend:Increase 126.19% than previous quarter
Year 2023 Quarter 3: Earning Per Share -9.1 (USD).Trend:Decrease 419.3% than previous quarter

Overall: decreasing (-822.22%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2023 to Q3 2023 data reveals significant decreases in liabilities on revenue, current assets on revenue, and ratio of retained earnings to revenue, all showing high variation.  Conversely, the SG&A expense ratio demonstrates a small but steady increase. Retained earnings on assets show a small increase with low variation.  Earnings per share experienced a dramatic decrease with substantial fluctuation.