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 60.27 (%).Trend:Increase 125.65% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.32 (%).Trend:Decrease 49.69% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 20.09 (%).Trend:Decrease 33.74% than previous quarter

Overall: decreasing (-66.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 155.83 (%).Trend:Increase 175.85% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 78.69 (%).Trend:Decrease 49.5% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 53.31 (%).Trend:Decrease 32.25% than previous quarter

Overall: decreasing (-65.79%). 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 17.42 (%).Trend:Increase 429.48% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 9.74 (%).Trend:Decrease 44.09% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 8.08 (%).Trend:Decrease 17.04% than previous quarter

Overall: decreasing (-53.62%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.74 (%).Trend:Decrease 3.13% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.51 (%).Trend:Increase 2.68% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.14 (%).Trend:Decrease 1.25% than previous quarter

Overall: increasing (1.39%). 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 7.07 (%).Trend:Increase 87.04% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 7.77 (%).Trend:Increase 9.9% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 9.62 (%).Trend:Increase 23.81% than previous quarter

Overall: increasing (36.07%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.19 (USD).Trend:Decrease 65.71% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.84 (USD).Trend:Increase 54.62% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.9 (USD).Trend:Increase 57.61% than previous quarter

Overall: increasing (143.7%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation in liabilities and current assets on revenue, both decreasing overall.  Cost efficiency reveals a significant drop in the ratio of retained earnings to revenue, while the SG&A expense ratio shows little fluctuation.  Investment efficiency shows a neutral fluctuation in retained earnings on assets. Earning per share shows significant growth from Q1 2023 to Q3 2023.