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 100.09 (%).Trend:Increase 189.19% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 45.38 (%).Trend:Decrease 54.66% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 33.66 (%).Trend:Decrease 25.83% than previous quarter

Overall: decreasing (-66.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 284.44 (%).Trend:Increase 198.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 143.58 (%).Trend:Decrease 49.52% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 98.58 (%).Trend:Decrease 31.34% than previous quarter

Overall: decreasing (-65.34%). 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 226.99 (%).Trend:Increase 199.03% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 112.25 (%).Trend:Decrease 50.55% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 73.81 (%).Trend:Decrease 34.24% than previous quarter

Overall: decreasing (-67.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.47 (%).Trend:Increase 4.86% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.35 (%).Trend:Increase 6.08% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.72 (%).Trend:Increase 2.41% than previous quarter

Overall: increasing (8.64%). 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 40.88 (%).Trend:Increase 1.64% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 36.97 (%).Trend:Decrease 9.56% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 36.49 (%).Trend:Decrease 1.3% than previous quarter

Overall: decreasing (-10.74%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.43 (USD).Trend:Decrease 75.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.59 (USD).Trend:Increase 37.21% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.81 (USD).Trend:Increase 37.29% than previous quarter

Overall: increasing (88.37%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations in liabilities and current assets on revenue across Q1-Q3 2023. Liabilities on revenue increased drastically in Q1, then decreased significantly in Q2 and Q3, with a net decrease of -66.37%. Current assets on revenue also saw a large increase in Q1, followed by significant decreases in Q2 and Q3, resulting in an overall decrease of -65.34%. Cost efficiency shows significant fluctuation in the ratio of retained earnings to revenue, decreasing from Q1 to Q3 by -67.48%. SG&A expense ratio saw a steady increase overall (8.64%). Invest efficiency shows a slight decrease in retained earnings on assets (-10.74%) with little fluctuation. Earning per share shows significant fluctuation, increasing from Q1 to Q3 by 88.37%.