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 99.52 (%).Trend:Increase 167.96% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 46.48 (%).Trend:Decrease 53.3% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 36.08 (%).Trend:Decrease 22.38% than previous quarter

Overall: decreasing (-63.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 116.47 (%).Trend:Increase 158.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 53.23 (%).Trend:Decrease 54.3% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 40.97 (%).Trend:Decrease 23.03% than previous quarter

Overall: decreasing (-64.82%). 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 78.35 (%).Trend:Decrease 33.93% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 37.5 (%).Trend:Decrease 52.14% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 24.33 (%).Trend:Decrease 35.12% than previous quarter

Overall: decreasing (-68.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.67 (%).Trend:Increase 7.11% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.05 (%).Trend:Decrease 1.79% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.87 (%).Trend:Decrease 0.53% than previous quarter

Overall: decreasing (-2.31%). 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 19.02 (%).Trend:Decrease 78.44% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 18.93 (%).Trend:Decrease 0.47% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 18.12 (%).Trend:Decrease 4.28% than previous quarter

Overall: decreasing (-4.73%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 93.66% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.65 (USD).Trend:Increase 400.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.19 (USD).Trend:Increase 83.08% than previous quarter

Overall: increasing (815.38%). Fluctuation: **Significant** (high variation).



Over Q1 2023 to Q3 2023, significant decreases were observed in liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue; all with high variation.  The SG&A expense ratio and retained earnings on assets showed only minor decreases with little fluctuation. However, earnings per share dramatically increased with considerable volatility.