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 194.38 (%).Trend:Increase 91.15% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 84.79 (%).Trend:Decrease 56.38% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 58.52 (%).Trend:Decrease 30.98% than previous quarter

Overall: decreasing (-69.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 166.59 (%).Trend:Increase 143.91% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 74.84 (%).Trend:Decrease 55.08% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 45.81 (%).Trend:Decrease 38.79% than previous quarter

Overall: decreasing (-72.5%). 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 50.07 (%).Trend:Increase 455.1% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 31.46 (%).Trend:Decrease 37.17% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 24.93 (%).Trend:Decrease 20.76% than previous quarter

Overall: decreasing (-50.21%). Fluctuation: **Significant** (high variation).

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

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 16.32 (%).Trend:Increase 137.9% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 22.74 (%).Trend:Increase 39.34% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 28.29 (%).Trend:Increase 24.41% than previous quarter

Overall: increasing (73.35%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 32.35% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.41 (USD).Trend:Increase 78.26% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.57 (USD).Trend:Increase 39.02% than previous quarter

Overall: increasing (147.83%). Fluctuation: **Significant** (high variation).



Financial review reveals significant volatility in key financial metrics.  Working capital efficiency indicators, such as liabilities and current assets on revenue, show substantial fluctuations and overall decreases.  Cost efficiency, as indicated by the ratio of retained earnings to revenue, displays a notable downtrend.  Meanwhile, investment efficiency, measured by retained earnings on assets, shows an overall upward trend, though fluctuating.  Earnings per share also experienced considerable variation, ending with an overall increase.