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 58.06 (%).Trend:Increase 162.71% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 32.03 (%).Trend:Decrease 44.83% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 21.16 (%).Trend:Decrease 33.94% than previous quarter

Overall: decreasing (-63.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 104.07 (%).Trend:Increase 179.68% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 58.21 (%).Trend:Decrease 44.07% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 36.17 (%).Trend:Decrease 37.86% than previous quarter

Overall: decreasing (-65.24%). 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 58.38 (%).Trend:Increase 70.9% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 32.97 (%).Trend:Decrease 43.53% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 23.6 (%).Trend:Decrease 28.42% than previous quarter

Overall: decreasing (-59.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.69 (%).Trend:Decrease 3.23% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.44 (%).Trend:Decrease 1.7% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.33 (%).Trend:Decrease 0.76% than previous quarter

Overall: decreasing (-2.45%). 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 22.96 (%).Trend:Decrease 33.06% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 25.32 (%).Trend:Increase 10.28% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 28.18 (%).Trend:Increase 11.3% than previous quarter

Overall: increasing (22.74%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.01 (USD).Trend:Increase 27.85% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.72 (USD).Trend:Increase 169.31% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 10.29% than previous quarter

Overall: increasing (197.03%). Fluctuation: **Significant** (high variation).



Financial results for Q1-Q3 2023 exhibit significant fluctuations across various metrics.  Liabilities and current assets on revenue show substantial decreases, although there is significant variability. Cost efficiency, as measured by the SG&A ratio, is declining steadily.  The ratio of retained earnings to revenue continues a downward trend.  However, investment efficiency, reflected in retained earnings on assets, and earnings per share both show increases, though with substantial volatility.