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 115.63 (%).Trend:Increase 144.88% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 59.87 (%).Trend:Decrease 48.22% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 41.84 (%).Trend:Decrease 30.12% than previous quarter

Overall: decreasing (-63.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 166.25 (%).Trend:Increase 164.9% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 82.22 (%).Trend:Decrease 50.54% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 60.39 (%).Trend:Decrease 26.55% than previous quarter

Overall: decreasing (-63.68%). 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 404.92 (%).Trend:Increase 194.89% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 218.1 (%).Trend:Decrease 46.14% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 152.66 (%).Trend:Decrease 30.0% than previous quarter

Overall: decreasing (-62.3%). Fluctuation: **Significant** (high variation).

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

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 80.0 (%).Trend:Increase 8.74% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 84.54 (%).Trend:Increase 5.68% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 84.92 (%).Trend:Increase 0.45% than previous quarter

Overall: increasing (6.15%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.9 (USD).Trend:Decrease 59.82% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.72 (USD).Trend:Increase 91.11% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.66 (USD).Trend:Increase 54.65% than previous quarter

Overall: increasing (195.56%). Fluctuation: **Significant** (high variation).



Data from Q1-Q3 2023 reveals decreasing liabilities (-63.82%) and current assets (-63.68%) on revenue, both with significant fluctuation. The ratio of retained earnings to revenue also decreased (-62.3%) with substantial volatility. A positive trend is the increasing retained earnings on assets (6.15%) with minimal fluctuation. Earnings per share showed a significant increase (195.56%) but with substantial variation. This suggests a restructuring of the company’s financial position, with decreasing reliance on short-term assets and liabilities, and improving profitability despite ongoing volatility.