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 2023 to Q3 2023 shows significant fluctuations in working capital efficiency metrics. Liabilities on revenue decreased substantially, while current assets on revenue also decreased, though at a slightly lower rate. Cost efficiency, measured by the ratio of retained earnings to revenue, also showed a significant downward trend. Conversely, investment efficiency, as measured by retained earnings on assets, showed a steady upward trend. Earnings per share, however, saw significant volatility, increasing from Q1 to Q3 2023. Overall, the financial performance shows a complex picture with fluctuating trends across various key metrics.