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 99.23 (%).Trend:Increase 204.11% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.68 (%).Trend:Decrease 50.94% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 33.47 (%).Trend:Decrease 31.24% than previous quarter

Overall: decreasing (-66.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 158.06 (%).Trend:Increase 182.3% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 79.03 (%).Trend:Decrease 50.0% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 55.26 (%).Trend:Decrease 30.08% than previous quarter

Overall: decreasing (-65.04%). 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 182.58 (%).Trend:Increase 194.91% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 89.61 (%).Trend:Decrease 50.92% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 56.29 (%).Trend:Decrease 37.18% than previous quarter

Overall: decreasing (-69.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.19 (%).Trend:Decrease 8.83% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.26 (%).Trend:Increase 0.76% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.02 (%).Trend:Decrease 2.59% than previous quarter

Overall: decreasing (-1.85%). 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 44.59 (%).Trend:Decrease 0.98% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 45.02 (%).Trend:Increase 0.96% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 42.61 (%).Trend:Decrease 5.35% than previous quarter

Overall: decreasing (-4.44%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.93 (USD).Trend:Decrease 68.15% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.81 (USD).Trend:Increase 94.62% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 10.5% than previous quarter

Overall: increasing (115.05%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2023 to Q3 2023 data shows a notable decrease in Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue, all with significant fluctuations.  Conversely, SG&A expenses and Retained Earnings on Assets decreased slightly, with low variation. Earning Per Share demonstrated a substantial increase with high variability.