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 51.01 (%).Trend:Increase 149.19% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 25.15 (%).Trend:Decrease 50.7% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 16.17 (%).Trend:Decrease 35.71% than previous quarter

Overall: decreasing (-68.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 161.01 (%).Trend:Increase 185.53% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 82.14 (%).Trend:Decrease 48.98% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 51.85 (%).Trend:Decrease 36.88% than previous quarter

Overall: decreasing (-67.8%). 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 125.69 (%).Trend:Increase 220.72% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 68.27 (%).Trend:Decrease 45.68% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 50.47 (%).Trend:Decrease 26.07% than previous quarter

Overall: decreasing (-59.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.67 (%).Trend:Increase 8.0% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.57 (%).Trend:Decrease 1.76% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.58 (%).Trend:Increase 0.18% than previous quarter

Overall: decreasing (-1.59%). 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 37.58 (%).Trend:Increase 7.62% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 40.04 (%).Trend:Increase 6.55% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 45.28 (%).Trend:Increase 13.09% than previous quarter

Overall: increasing (20.49%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 10.09 (USD).Trend:Decrease 45.75% than previous quarter
Year 2023 Quarter 2: Earning Per Share 20.45 (USD).Trend:Increase 102.68% than previous quarter
Year 2023 Quarter 3: Earning Per Share 32.05 (USD).Trend:Increase 56.72% than previous quarter

Overall: increasing (217.64%). Fluctuation: **Significant** (high variation).



Financial data for Q1 2023 to Q3 2023 show significant decreases in working capital efficiency metrics. Liabilities on revenue and current assets on revenue both decreased substantially, showing high volatility. Cost efficiency, measured by the ratio of retained earnings to revenue, also declined significantly.  Selling, general, and administrative (SG&A) expenses, however, show a minimal decrease overall.  Investment efficiency, measured by retained earnings on assets, increased steadily. Earning per share showed substantial volatility, increasing substantially overall.