Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 22.6 (%).Trend:Decrease 41.37% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.53 (%).Trend:Increase 26.24% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 22.69 (%).Trend:Decrease 20.47% than previous quarter

Overall: increasing (0.4%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 143.86 (%).Trend:Decrease 34.56% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 185.1 (%).Trend:Increase 28.67% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 126.75 (%).Trend:Decrease 31.52% than previous quarter

Overall: decreasing (-11.89%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 184.91 (%).Trend:Decrease 35.77% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 240.35 (%).Trend:Increase 29.98% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 154.46 (%).Trend:Decrease 35.74% than previous quarter

Overall: decreasing (-16.47%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 52.95 (%).Trend:Decrease 0.09% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 61.64 (%).Trend:Increase 16.41% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 61.05 (%).Trend:Decrease 0.96% than previous quarter

Overall: increasing (15.3%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 62.01 (%).Trend:Decrease 0.1% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 60.09 (%).Trend:Decrease 3.1% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 58.22 (%).Trend:Decrease 3.11% than previous quarter

Overall: decreasing (-6.11%). Fluctuation: **Little** (low variation).

Earning Per Share


The period Q3 2022 to Q3 2023 shows Liabilities on Revenue increased slightly with moderate fluctuation.  Current assets on revenue decreased significantly.  Ratio of Retained Earnings to Revenue also decreased moderately, while SG&A expenses increased significantly but with low variation. Retained Earning on Assets decreased slightly and consistently.