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 44.81 (%).Trend:Increase 169.61% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 21.41 (%).Trend:Decrease 52.22% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 15.59 (%).Trend:Decrease 27.18% than previous quarter

Overall: decreasing (-65.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 197.05 (%).Trend:Increase 173.64% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 98.41 (%).Trend:Decrease 50.06% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 48.94 (%).Trend:Decrease 50.27% than previous quarter

Overall: decreasing (-75.16%). 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 345.8 (%).Trend:Increase 179.28% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 173.89 (%).Trend:Decrease 49.71% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 114.65 (%).Trend:Decrease 34.07% than previous quarter

Overall: decreasing (-66.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.66 (%).Trend:Decrease 3.43% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.09 (%).Trend:Increase 1.99% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.41 (%).Trend:Increase 1.45% than previous quarter

Overall: increasing (3.46%). 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 76.45 (%).Trend:Increase 0.28% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 76.84 (%).Trend:Increase 0.51% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 75.41 (%).Trend:Decrease 1.86% than previous quarter

Overall: decreasing (-1.36%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.4 (USD).Trend:Decrease 55.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.19 (USD).Trend:Increase 52.65% than previous quarter
Year 2023 Quarter 3: Earning Per Share 7.62 (USD).Trend:Increase 46.82% than previous quarter

Overall: increasing (124.12%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2023 to Q3 2023 reveals a volatile picture. Liabilities and current assets on revenue show significant decreases with large quarterly fluctuations.  Cost efficiency, measured by retained earnings on revenue, also exhibits significant volatility. The SG&A expense ratio trends upward with little fluctuation. Investment efficiency shows a slight decline. Earning per share increases significantly, although with notable quarter-to-quarter changes.  A deep dive into these trends is needed to understand the underlying factors.