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 241.92 (%).Trend:Increase 291.71% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 105.89 (%).Trend:Decrease 56.23% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 59.72 (%).Trend:Decrease 43.6% than previous quarter

Overall: decreasing (-75.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 266.82 (%).Trend:Increase 306.12% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 126.03 (%).Trend:Decrease 52.77% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 142.3 (%).Trend:Increase 12.91% than previous quarter

Overall: decreasing (-46.67%). 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 891.67 (%).Trend:Increase 360.69% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 428.83 (%).Trend:Decrease 51.91% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 357.78 (%).Trend:Decrease 16.57% than previous quarter

Overall: decreasing (-59.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.54 (%).Trend:Increase 40.03% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.48 (%).Trend:Decrease 6.75% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.74 (%).Trend:Decrease 2.6% than previous quarter

Overall: decreasing (-9.17%). 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 82.99 (%).Trend:Increase 11.31% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 84.57 (%).Trend:Increase 1.9% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 89.7 (%).Trend:Increase 6.07% than previous quarter

Overall: increasing (8.09%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.0 (USD).Trend:Decrease 28.4% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 66.67% than previous quarter
Year 2023 Quarter 3: Earning Per Share 21.0 (USD).Trend:Increase 320.0% than previous quarter

Overall: increasing (600.0%). Fluctuation: **Significant** (high variation).



The Q1 to Q3 2023 financial data indicates a complex financial picture.  Working capital efficiency exhibits significant fluctuations, with liabilities and current assets on revenue showing substantial decreases but with high volatility. Cost efficiency metrics (retained earnings to revenue) also declined significantly, demonstrating high instability. SG&A expenses are moderately declining.  However, investment efficiency (retained earnings on assets) shows a stable, though modest, increase. Earning per share increased significantly in Q3.