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 148.31 (%).Trend:Increase 346.45% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 65.95 (%).Trend:Decrease 55.53% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 44.28 (%).Trend:Decrease 32.86% than previous quarter

Overall: decreasing (-70.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 188.69 (%).Trend:Increase 227.19% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 93.45 (%).Trend:Decrease 50.47% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 72.23 (%).Trend:Decrease 22.71% than previous quarter

Overall: decreasing (-61.72%). 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 402.09 (%).Trend:Increase 232.64% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 206.99 (%).Trend:Decrease 48.52% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 143.47 (%).Trend:Decrease 30.69% than previous quarter

Overall: decreasing (-64.32%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.79 (%).Trend:Decrease 1.05% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.93 (%).Trend:Increase 0.71% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.75 (%).Trend:Decrease 0.9% than previous quarter

Overall: decreasing (-0.2%). 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 45.49 (%).Trend:Increase 1.81% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 47.06 (%).Trend:Increase 3.45% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 47.26 (%).Trend:Increase 0.42% than previous quarter

Overall: increasing (3.89%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.34 (USD).Trend:Decrease 75.66% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.86 (USD).Trend:Increase 105.39% than previous quarter
Year 2023 Quarter 3: Earning Per Share 11.31 (USD).Trend:Increase 64.87% than previous quarter

Overall: increasing (238.62%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2023 to Q3 2023 shows significant decreases in Liabilities on Revenue (-70.14%), Current Assets on Revenue (-61.72%), and Ratio of Retained Earnings to Revenue (-64.32%), all exhibiting significant fluctuation.  Conversely, SG&A Expense Ratio showed a small decrease (-0.2%) with little fluctuation, and Retained Earnings on Assets increased slightly (3.89%) with low fluctuation. Earnings Per Share increased dramatically (238.62%) with significant fluctuation.