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 59.01 (%).Trend:Increase 139.98% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 39.93 (%).Trend:Decrease 32.33% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 22.23 (%).Trend:Decrease 44.33% than previous quarter

Overall: decreasing (-62.33%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 149.84 (%).Trend:Increase 153.45% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 80.66 (%).Trend:Decrease 46.17% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 51.15 (%).Trend:Decrease 36.59% than previous quarter

Overall: decreasing (-65.86%). 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 118.98 (%).Trend:Increase 230.41% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 61.69 (%).Trend:Decrease 48.15% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 38.99 (%).Trend:Decrease 36.8% than previous quarter

Overall: decreasing (-67.23%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 37.31 (%).Trend:Increase 6.3% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 39.99 (%).Trend:Increase 7.18% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.65 (%).Trend:Decrease 3.35% than previous quarter

Overall: increasing (3.59%). 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 36.26 (%).Trend:Increase 14.31% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 34.94 (%).Trend:Decrease 3.64% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 35.09 (%).Trend:Increase 0.43% than previous quarter

Overall: decreasing (-3.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.95 (USD).Trend:Decrease 77.7% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.59 (USD).Trend:Increase 67.37% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.36 (USD).Trend:Increase 111.32% than previous quarter

Overall: increasing (253.68%). Fluctuation: **Significant** (high variation).



Review of Q1 2023 to Q3 2023 data reveals substantial volatility. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased significantly.  The SG&A expense ratio increased moderately, while retained earnings on assets showed a slight decrease.  Earnings per share demonstrated a substantial increase, highlighting a complex picture of financial performance.