Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 22.16 (%).Trend:Decrease 28.45% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 28.03 (%).Trend:Increase 26.49% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 18.08 (%).Trend:Decrease 35.5% than previous quarter

Overall: decreasing (-18.41%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 80.34 (%).Trend:Decrease 29.18% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 130.11 (%).Trend:Increase 61.95% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 89.84 (%).Trend:Decrease 30.95% than previous quarter

Overall: increasing (11.82%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 61.27 (%).Trend:Decrease 29.38% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 115.89 (%).Trend:Increase 89.15% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 80.34 (%).Trend:Decrease 30.68% than previous quarter

Overall: increasing (31.12%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 62.36 (%).Trend:Increase 1.41% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 68.55 (%).Trend:Increase 9.93% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 70.02 (%).Trend:Increase 2.14% than previous quarter

Overall: increasing (12.28%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.0 (USD).Trend:Decrease 7.41% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: stable (0.0%). Fluctuation: **Little** (low variation).



Financial performance from Q3 2022 to Q3 2023 demonstrates mixed results. Liabilities on revenue decreased by 18.41%, showing moderate variation.  Current assets on revenue showed an increase of 11.82%, also displaying moderate fluctuation. Cost efficiency, as measured by the retained earnings-to-revenue ratio, increased by 31.12%, with considerable variability. Invest efficiency displays steady growth in retained earnings on assets, up 12.28%, and minimal variation.  Earnings per share remained stable, with little fluctuation.