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 60.89 (%).Trend:Increase 202.78% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 32.06 (%).Trend:Decrease 47.35% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.64 (%).Trend:Decrease 38.74% than previous quarter

Overall: decreasing (-67.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 101.35 (%).Trend:Increase 210.6% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 57.47 (%).Trend:Decrease 43.3% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 35.13 (%).Trend:Decrease 38.87% than previous quarter

Overall: decreasing (-65.34%). 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 22.6 (%).Trend:Increase 361.22% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 16.5 (%).Trend:Decrease 26.99% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 12.6 (%).Trend:Decrease 23.64% than previous quarter

Overall: decreasing (-44.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.56 (%).Trend:Increase 1.68% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.46 (%).Trend:Decrease 0.69% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.46 (%).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-0.69%). 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 7.34 (%).Trend:Increase 57.85% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 10.36 (%).Trend:Increase 41.14% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 12.34 (%).Trend:Increase 19.11% than previous quarter

Overall: increasing (68.12%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.22 (USD).Trend:Decrease 61.4% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.85 (USD).Trend:Increase 286.36% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.17 (USD).Trend:Increase 37.65% than previous quarter

Overall: increasing (431.82%). Fluctuation: **Significant** (high variation).



The financial data from Q1 2023 to Q3 2023 demonstrates significant decreases in Liabilities on Revenue and Current Assets on Revenue, with high variation. The Ratio of Retained Earnings to Revenue also decreased significantly. SG&A expenses remained relatively stable.  However, Retained Earnings on Assets increased moderately, and Earnings Per Share increased substantially, showing high fluctuation.