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 45.96 (%).Trend:Increase 183.53% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 24.74 (%).Trend:Decrease 46.17% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 16.98 (%).Trend:Decrease 31.37% than previous quarter

Overall: decreasing (-63.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 116.03 (%).Trend:Increase 160.68% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 59.73 (%).Trend:Decrease 48.52% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 43.86 (%).Trend:Decrease 26.57% than previous quarter

Overall: decreasing (-62.2%). 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 184.84 (%).Trend:Increase 169.21% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 91.97 (%).Trend:Decrease 50.24% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 62.43 (%).Trend:Decrease 32.12% than previous quarter

Overall: decreasing (-66.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.97 (%).Trend:Decrease 0.62% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.71 (%).Trend:Decrease 1.63% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.55 (%).Trend:Decrease 7.38% than previous quarter

Overall: decreasing (-8.89%). 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 73.11 (%).Trend:Increase 0.66% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 71.91 (%).Trend:Decrease 1.64% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 70.59 (%).Trend:Decrease 1.84% than previous quarter

Overall: decreasing (-3.45%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.4 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.03 (USD).Trend:Increase 45.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.99 (USD).Trend:Increase 96.55% than previous quarter

Overall: increasing (185.0%). Fluctuation: **Significant** (high variation).



Financial statements show significant fluctuations in working capital efficiency. Liabilities and current assets on revenue decreased substantially, while earnings per share increased significantly. Cost efficiency reveals a large decrease in the ratio of retained earnings to revenue, with a more stable SG&A expense ratio.  Investment efficiency exhibits a slight decline in retained earnings on assets.