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 51.04 (%).Trend:Increase 150.07% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 23.72 (%).Trend:Decrease 53.53% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 16.9 (%).Trend:Decrease 28.75% than previous quarter

Overall: decreasing (-66.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 204.72 (%).Trend:Increase 182.14% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 104.42 (%).Trend:Decrease 48.99% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 68.35 (%).Trend:Decrease 34.54% than previous quarter

Overall: decreasing (-66.61%). 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 431.11 (%).Trend:Increase 211.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 221.71 (%).Trend:Decrease 48.57% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 149.23 (%).Trend:Decrease 32.69% than previous quarter

Overall: decreasing (-65.38%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 36.85 (%).Trend:Increase 9.09% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35.55 (%).Trend:Decrease 3.53% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 34.91 (%).Trend:Decrease 1.8% than previous quarter

Overall: decreasing (-5.26%). 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 49.45 (%).Trend:Increase 0.41% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 50.77 (%).Trend:Increase 2.67% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 47.95 (%).Trend:Decrease 5.55% than previous quarter

Overall: decreasing (-3.03%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.28 (USD).Trend:Decrease 57.46% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.89 (USD).Trend:Decrease 60.96% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.34 (USD).Trend:Increase 50.56% than previous quarter

Overall: decreasing (-41.23%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2023 reveals significant fluctuations in several key metrics. Liabilities on revenue decreased substantially (-66.89%), mirroring a similar drop in current assets on revenue (-66.61%).  The ratio of retained earnings to revenue also fell sharply (-65.38%).  However, SG&A expenses decreased only slightly (-5.26%), and retained earnings on assets showed a small decrease (-3.03%). Earnings per share displayed a substantial overall decrease (-41.23%), but with high volatility.