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 30.55 (%).Trend:Decrease 38.26% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 43.67 (%).Trend:Increase 42.95% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 29.53 (%).Trend:Decrease 32.38% than previous quarter

Overall: decreasing (-3.34%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 23.56 (%).Trend:Decrease 28.13% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 31.22 (%).Trend:Increase 32.51% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 21.23 (%).Trend:Decrease 32.0% than previous quarter

Overall: decreasing (-9.89%). 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 310.49 (%).Trend:Decrease 33.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 503.37 (%).Trend:Increase 62.12% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 340.95 (%).Trend:Decrease 32.27% than previous quarter

Overall: increasing (9.81%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 88.83 (%).Trend:Increase 0.5% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 91.62 (%).Trend:Increase 3.14% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 92.03 (%).Trend:Increase 0.45% than previous quarter

Overall: increasing (3.6%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 8.56 (USD).Trend:Increase 55.35% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.25 (USD).Trend:Decrease 38.67% than previous quarter
Year 2023 Quarter 3: Earning Per Share 7.76 (USD).Trend:Increase 47.81% than previous quarter

Overall: decreasing (-9.35%). Fluctuation: **Neutral** (moderate variation).



Working capital efficiency trends are neutral but fluctuating significantly. Liabilities on revenue decreased in Q3 2022 and increased in Q2 2023, then decreased again in Q3 2023. Current assets on revenue are also decreasing with similar volatility, and fluctuations are neutral.  Cost efficiency shows significant fluctuation in the ratio of retained earnings to revenue, with an overall increasing trend.  Investment efficiency demonstrates little fluctuation with a consistent increasing trend in retained earnings on assets. Earnings per share are decreasing overall but fluctuate neutrally.