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 50.11 (%).Trend:Increase 150.3% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 24.66 (%).Trend:Decrease 50.79% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 15.57 (%).Trend:Decrease 36.86% than previous quarter

Overall: decreasing (-68.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 144.32 (%).Trend:Increase 178.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 72.56 (%).Trend:Decrease 49.72% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 49.19 (%).Trend:Decrease 32.21% than previous quarter

Overall: decreasing (-65.92%). 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 360.02 (%).Trend:Increase 213.14% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 187.0 (%).Trend:Decrease 48.06% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 129.21 (%).Trend:Decrease 30.9% than previous quarter

Overall: decreasing (-64.11%). 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 51.4 (%).Trend:Increase 2.86% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 53.56 (%).Trend:Increase 4.2% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 55.9 (%).Trend:Increase 4.37% than previous quarter

Overall: increasing (8.75%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.71 (USD).Trend:Decrease 72.9% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.65 (USD).Trend:Increase 132.39% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.55 (USD).Trend:Increase 54.55% than previous quarter

Overall: increasing (259.15%). Fluctuation: **Significant** (high variation).



Financial data from Q1 to Q3 2023 reveals a mixed picture of financial performance. Working capital efficiency metrics, including liabilities and current assets on revenue, show a significant downward trend with substantial fluctuations. Cost efficiency, measured by the ratio of retained earnings to revenue, also exhibits a substantial decrease.  Investment efficiency, however, displays a steady upward trend, indicating improvements in asset utilization. Earnings per share experienced significant volatility, increasing markedly from Q1 to Q3.