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 93.08 (%).Trend:Decrease 33.67% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 137.79 (%).Trend:Increase 48.03% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 90.39 (%).Trend:Decrease 34.4% than previous quarter

Overall: decreasing (-2.89%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 145.66 (%).Trend:Decrease 38.4% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 189.7 (%).Trend:Increase 30.23% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 137.15 (%).Trend:Decrease 27.7% than previous quarter

Overall: decreasing (-5.84%). 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 -43.32 (%).Trend:Increase 4.94% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -95.3 (%).Trend:Increase 119.99% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -59.61 (%).Trend:Decrease 37.45% than previous quarter

Overall: decreasing (37.6%). 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 -20.79 (%).Trend:Increase 70.27% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -35.98 (%).Trend:Increase 73.06% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -32.5 (%).Trend:Decrease 9.67% than previous quarter

Overall: decreasing (56.33%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.06 (USD).Trend:Increase 53.73% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.75 (USD).Trend:Decrease 15.05% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.01 (USD).Trend:Increase 72.0% than previous quarter

Overall: increasing (46.12%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q3 2023, liabilities on revenue decreased by 2.89%, while current assets on revenue decreased by 5.84%, both showing moderate fluctuation.  The ratio of retained earnings to revenue decreased significantly (37.6%), with high variation. Retained earnings on assets also decreased significantly (56.33%), exhibiting high variation.  Earnings per share increased by 46.12%, showing significant fluctuation.