Working Capital Efficiency
The data from Quater 1 in 2023 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 157274.94 (%).Trend:Increase 296.34% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 67772.36 (%).Trend:Decrease 56.91% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 44456.29 (%).Trend:Decrease 34.4% than previous quarter

Overall: decreasing (-71.73%). 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 17.17 (%).Trend:Decrease 19.31% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 19.34 (%).Trend:Increase 12.64% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 18.79 (%).Trend:Decrease 2.84% than previous quarter

Overall: increasing (9.44%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.61 (USD).Trend:Decrease 92.47% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.77 (USD).Trend:Increase 190.16% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.63 (USD).Trend:Increase 105.08% than previous quarter

Overall: increasing (495.08%). Fluctuation: **Significant** (high variation).



The financial analysis for 2023 shows a mixed picture. While retained earnings on assets exhibit a positive but stable increase (9.44%), the ratio of retained earnings to revenue decreased significantly (-71.73%) with high volatility. Earnings per share, on the other hand, showed a dramatic surge (495.08%), demonstrating substantial quarter-over-quarter variability.