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 101.44 (%).Trend:Increase 147.05% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 58.72 (%).Trend:Decrease 42.11% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 37.55 (%).Trend:Decrease 36.05% than previous quarter

Overall: decreasing (-62.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 142.95 (%).Trend:Increase 173.85% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 80.43 (%).Trend:Decrease 43.74% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 52.7 (%).Trend:Decrease 34.48% than previous quarter

Overall: decreasing (-63.13%). 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 177.58 (%).Trend:Increase 166.0% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 97.78 (%).Trend:Decrease 44.94% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 68.68 (%).Trend:Decrease 29.76% than previous quarter

Overall: decreasing (-61.32%). 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 39.61 (%).Trend:Increase 0.92% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 39.93 (%).Trend:Increase 0.81% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 41.83 (%).Trend:Increase 4.76% than previous quarter

Overall: increasing (5.6%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 50.0% 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 2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (100.0%). Fluctuation: **Significant** (high variation).



Analyzing Q1 2023 to Q3 2023, working capital efficiency (liabilities and current assets on revenue) shows significant decreases. The ratio of retained earnings to revenue follows a similar trend, declining substantially.  Investment efficiency, as measured by retained earnings on assets, exhibits stable growth. Earnings per share, however, shows significant fluctuation, declining initially before rising substantially.