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 27.2 (%).Trend:Decrease 36.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42.96 (%).Trend:Increase 57.94% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 27.33 (%).Trend:Decrease 36.38% than previous quarter

Overall: increasing (0.48%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 55.23 (%).Trend:Decrease 34.98% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 82.67 (%).Trend:Increase 49.68% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 53.17 (%).Trend:Decrease 35.68% than previous quarter

Overall: decreasing (-3.73%). Fluctuation: **Neutral** (moderate 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 38.34 (%).Trend:Decrease 24.33% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 70.51 (%).Trend:Increase 83.91% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 50.12 (%).Trend:Decrease 28.92% than previous quarter

Overall: increasing (30.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.12 (%).Trend:Decrease 1.4% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.13 (%).Trend:Increase 0.47% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.3 (%).Trend:Increase 7.98% than previous quarter

Overall: increasing (8.49%). 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 29.4 (%).Trend:Increase 8.33% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 32.91 (%).Trend:Increase 11.94% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 34.18 (%).Trend:Increase 3.86% than previous quarter

Overall: increasing (16.26%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 9.33 (USD).Trend:Increase 30.13% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.99 (USD).Trend:Decrease 67.95% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.33 (USD).Trend:Increase 44.82% than previous quarter

Overall: decreasing (-53.59%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows fluctuating trends. Liabilities on revenue increased slightly overall, but with significant quarterly variations. Current assets on revenue decreased overall, also with considerable quarterly fluctuations. Cost efficiency demonstrates a substantial increase in the ratio of retained earnings to revenue, yet with considerable quarterly variation. SG&A expense ratio increased slightly with little variation. Investment efficiency shows a consistent increase in retained earnings on assets with a little variation. Earnings per share decreased overall but with large quarter-to-quarter swings.