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 59.38 (%).Trend:Increase 181.96% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 29.36 (%).Trend:Decrease 50.56% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.28 (%).Trend:Decrease 34.33% than previous quarter

Overall: decreasing (-67.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 127.47 (%).Trend:Increase 229.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 69.49 (%).Trend:Decrease 45.49% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 48.14 (%).Trend:Decrease 30.72% than previous quarter

Overall: decreasing (-62.23%). 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 149.58 (%).Trend:Increase 247.21% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 79.65 (%).Trend:Decrease 46.75% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 56.91 (%).Trend:Decrease 28.55% than previous quarter

Overall: decreasing (-61.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.5 (%).Trend:Decrease 2.24% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.76 (%).Trend:Increase 1.93% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.78 (%).Trend:Increase 0.15% than previous quarter

Overall: increasing (2.07%). 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 40.26 (%).Trend:Increase 12.49% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 42.34 (%).Trend:Increase 5.17% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 44.37 (%).Trend:Increase 4.79% than previous quarter

Overall: increasing (10.21%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 4.31 (USD).Trend:Decrease 66.12% than previous quarter
Year 2023 Quarter 2: Earning Per Share 9.51 (USD).Trend:Increase 120.65% than previous quarter
Year 2023 Quarter 3: Earning Per Share 14.81 (USD).Trend:Increase 55.73% than previous quarter

Overall: increasing (243.62%). Fluctuation: **Significant** (high variation).



Financial data from Q1 to Q3 2023 reveals significant volatility in several areas. Working capital efficiency (liabilities and current assets on revenue) shows substantial decreases.  Cost efficiency, as measured by the ratio of retained earnings to revenue, displays similarly large swings.  Selling, General, and Administrative (SG&A) expenses show a modest increase overall. Investment efficiency, measured by retained earnings on assets, displays a stable upward trend. Earnings per share shows substantial variation, increasing significantly in Q2 and Q3.