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 51.89 (%).Trend:Increase 148.63% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 26.47 (%).Trend:Decrease 48.99% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 17.24 (%).Trend:Decrease 34.87% than previous quarter

Overall: decreasing (-66.78%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 52.78 (%).Trend:Increase 175.04% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 27.69 (%).Trend:Decrease 47.54% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 18.1 (%).Trend:Decrease 34.63% than previous quarter

Overall: decreasing (-65.71%). 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 18.29 (%).Trend:Increase 257.93% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 10.02 (%).Trend:Decrease 45.22% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 7.6 (%).Trend:Decrease 24.15% than previous quarter

Overall: decreasing (-58.45%). Fluctuation: **Significant** (high 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 4.55 (%).Trend:Increase 28.9% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 5.03 (%).Trend:Increase 10.55% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 5.83 (%).Trend:Increase 15.9% than previous quarter

Overall: increasing (28.13%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.06 (USD).Trend:Decrease 45.45% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.16 (USD).Trend:Increase 166.67% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.3 (USD).Trend:Increase 87.5% than previous quarter

Overall: increasing (400.0%). Fluctuation: **Significant** (high variation).



Between Q1 2023 and Q3 2023, key metrics show significant fluctuation. Liabilities on revenue and current assets on revenue decreased by 66.78% and 65.71% respectively, indicating a substantial shift. The ratio of retained earnings to revenue also decreased by 58.45%, signifying a decline in profitability. However, retained earnings on assets increased by 28.13%, and earnings per share saw a dramatic 400% increase.  SG&A expense ratio data is absent.