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 56.69 (%).Trend:Increase 148.1% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.38 (%).Trend:Decrease 46.41% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.22 (%).Trend:Decrease 36.73% than previous quarter

Overall: decreasing (-66.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 379.31 (%).Trend:Increase 177.92% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 199.84 (%).Trend:Decrease 47.31% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 146.69 (%).Trend:Decrease 26.6% than previous quarter

Overall: decreasing (-61.33%). 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 40.52 (%).Trend:Increase 126.75% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 36.65 (%).Trend:Decrease 9.55% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 37.1 (%).Trend:Increase 1.23% than previous quarter

Overall: decreasing (-8.44%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.04 (%).Trend:Increase 4.25% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.91 (%).Trend:Decrease 13.59% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.62 (%).Trend:Decrease 6.48% than previous quarter

Overall: decreasing (-19.18%). Fluctuation: **Neutral** (moderate 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 3.87 (%).Trend:Decrease 15.69% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 7.76 (%).Trend:Increase 100.52% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 11.74 (%).Trend:Increase 51.29% than previous quarter

Overall: increasing (203.36%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.29 (USD).Trend:Decrease 72.38% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.86 (USD).Trend:Increase 196.55% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.48 (USD).Trend:Increase 72.09% than previous quarter

Overall: increasing (410.34%). Fluctuation: **Significant** (high variation).



In Q1 2023 to Q3 2023, Liabilities on Revenue experienced a significant decrease (-66.1%), with high variation.  Current assets on Revenue also decreased significantly (-61.33%), showing high fluctuation. Ratio of Retained Earnings to Revenue decreased slightly (-8.44%), displaying little fluctuation. SG&A Expense Ratio showed a moderate decrease (-19.18%).  Retained Earning on Assets and Earnings Per Share both increased significantly (203.36% and 410.34% respectively) with high variation.