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 133.5 (%).Trend:Increase 85.47% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 67.7 (%).Trend:Decrease 49.29% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 47.5 (%).Trend:Decrease 29.84% than previous quarter

Overall: decreasing (-64.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 82.37 (%).Trend:Increase 246.82% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 46.77 (%).Trend:Decrease 43.22% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 34.54 (%).Trend:Decrease 26.15% than previous quarter

Overall: decreasing (-58.07%). 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 255.87 (%).Trend:Decrease 1345.72% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 177.52 (%).Trend:Decrease 30.62% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 203.38 (%).Trend:Increase 14.57% than previous quarter

Overall: decreasing (-20.51%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 35.76 (%).Trend:Decrease 343.76% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 38.97 (%).Trend:Increase 8.98% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 51.11 (%).Trend:Increase 31.15% than previous quarter

Overall: increasing (42.93%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 23.08 (USD).Trend:Decrease 283.47% than previous quarter
Year 2023 Quarter 2: Earning Per Share 27.91 (USD).Trend:Increase 20.93% than previous quarter
Year 2023 Quarter 3: Earning Per Share 55.72 (USD).Trend:Increase 99.64% than previous quarter

Overall: increasing (141.42%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1-Q3 2023 reveals significant fluctuations across various metrics. Liabilities on Revenue decreased from Q1 to Q3, with substantial fluctuations. Current assets on Revenue also decreased overall with high volatility. Cost Efficiency, measured by the Ratio of Retained Earnings to Revenue, showed a decreasing trend, although less volatile compared to other metrics. Invest Efficiency experienced an overall increase with moderate variation. Earning Per Share showed a considerable increase, exhibiting substantial fluctuation.