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 58.13 (%).Trend:Increase 173.94% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 40.16 (%).Trend:Decrease 30.91% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.23 (%).Trend:Decrease 42.16% than previous quarter

Overall: decreasing (-60.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 77.82 (%).Trend:Increase 151.76% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 37.12 (%).Trend:Decrease 52.3% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 26.06 (%).Trend:Decrease 29.8% than previous quarter

Overall: decreasing (-66.51%). 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 360.88 (%).Trend:Increase 229.75% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 183.47 (%).Trend:Decrease 49.16% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 125.09 (%).Trend:Decrease 31.82% than previous quarter

Overall: decreasing (-65.34%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.83 (%).Trend:Increase 8.47% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.31 (%).Trend:Decrease 2.76% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.73 (%).Trend:Decrease 3.17% than previous quarter

Overall: decreasing (-5.84%). 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 65.75 (%).Trend:Increase 5.22% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 63.81 (%).Trend:Decrease 2.95% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 64.61 (%).Trend:Increase 1.25% than previous quarter

Overall: decreasing (-1.73%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.8 (USD).Trend:Decrease 74.9% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.88 (USD).Trend:Increase 115.56% than previous quarter
Year 2023 Quarter 3: Earning Per Share 5.87 (USD).Trend:Increase 51.29% than previous quarter

Overall: increasing (226.11%). Fluctuation: **Significant** (high variation).



The Q1 2023 to Q3 2023 period reveals substantial volatility.  Key metrics—liabilities and current assets on revenue, and the ratio of retained earnings to revenue—experienced significant decreases.  SG&A expenses showed a minor decrease.  Retained earnings on assets slightly decreased, but earnings per share substantially increased, indicating potentially improved profitability.