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 130.16 (%).Trend:Increase 331.71% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.9 (%).Trend:Decrease 62.43% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 28.75 (%).Trend:Decrease 41.21% than previous quarter

Overall: decreasing (-77.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 317.31 (%).Trend:Increase 284.06% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 128.4 (%).Trend:Decrease 59.53% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 79.12 (%).Trend:Decrease 38.38% than previous quarter

Overall: decreasing (-75.07%). 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 211.17 (%).Trend:Increase 271.12% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 90.52 (%).Trend:Decrease 57.13% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 55.82 (%).Trend:Decrease 38.33% than previous quarter

Overall: decreasing (-73.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.8 (%).Trend:Increase 22.4% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35.74 (%).Trend:Decrease 7.89% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.12 (%).Trend:Decrease 12.93% than previous quarter

Overall: decreasing (-19.79%). Fluctuation: **Neutral** (moderate 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 51.63 (%).Trend:Decrease 4.26% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 54.69 (%).Trend:Increase 5.93% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 56.34 (%).Trend:Increase 3.02% than previous quarter

Overall: increasing (9.12%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.67 (USD).Trend:Decrease 87.96% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 199.4% than previous quarter
Year 2023 Quarter 3: Earning Per Share 16.0 (USD).Trend:Increase 220.0% than previous quarter

Overall: increasing (858.08%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2023 reveals significant fluctuations.  Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue decreased substantially (-77.91%, -75.07%, -73.57% respectively), exhibiting high variability.  Conversely, Retained Earning on Assets showed a small increase (9.12%), and Earnings Per Share experienced a dramatic surge (858.08%). SG&A expense ratio decreased moderately (-19.79%).