Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 30.36 (%).Trend:Decrease 34.24% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 38.66 (%).Trend:Increase 27.34% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 21.67 (%).Trend:Decrease 43.95% than previous quarter

Overall: decreasing (-28.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 85.4 (%).Trend:Decrease 36.27% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 131.88 (%).Trend:Increase 54.43% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 77.57 (%).Trend:Decrease 41.18% than previous quarter

Overall: decreasing (-9.17%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 80.47 (%).Trend:Decrease 38.53% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 132.91 (%).Trend:Increase 65.17% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 80.04 (%).Trend:Decrease 39.78% than previous quarter

Overall: decreasing (-0.53%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 39.19 (%).Trend:Decrease 9.53% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 45.78 (%).Trend:Increase 16.82% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 41.67 (%).Trend:Decrease 8.98% than previous quarter

Overall: increasing (6.33%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 63.89 (%).Trend:Decrease 0.64% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 68.68 (%).Trend:Increase 7.5% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 69.41 (%).Trend:Increase 1.06% than previous quarter

Overall: increasing (8.64%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.95 (USD).Trend:Increase 152.14% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.88 (USD).Trend:Decrease 70.17% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.57 (USD).Trend:Increase 192.05% than previous quarter

Overall: decreasing (-12.88%). Fluctuation: **Significant** (high variation).



The period from Q3 2022 to Q3 2023 shows a mixed financial picture.  Liabilities on revenue and current assets on revenue decreased significantly, indicating potential challenges with working capital.  The ratio of retained earnings to revenue also showed a slight decrease despite high volatility, suggesting some cost control issues.  SG&A expenses increased slightly but consistently. Retained earnings on assets increased consistently, while earnings per share significantly decreased.