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 114.65 (%).Trend:Increase 192.62% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 60.86 (%).Trend:Decrease 46.92% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 49.74 (%).Trend:Decrease 18.27% than previous quarter

Overall: decreasing (-56.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 230.58 (%).Trend:Increase 165.25% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 120.5 (%).Trend:Decrease 47.74% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 80.46 (%).Trend:Decrease 33.23% than previous quarter

Overall: decreasing (-65.11%). 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 317.6 (%).Trend:Increase 201.67% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 161.94 (%).Trend:Decrease 49.01% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 106.12 (%).Trend:Decrease 34.47% than previous quarter

Overall: decreasing (-66.59%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.94 (%).Trend:Increase 2.68% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.33 (%).Trend:Increase 9.3% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.76 (%).Trend:Increase 2.63% than previous quarter

Overall: increasing (12.18%). 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 44.63 (%).Trend:Increase 4.06% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 45.18 (%).Trend:Increase 1.23% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 43.45 (%).Trend:Decrease 3.83% than previous quarter

Overall: decreasing (-2.64%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.46 (USD).Trend:Decrease 84.72% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.9 (USD).Trend:Increase 95.65% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.05 (USD).Trend:Increase 16.67% than previous quarter

Overall: increasing (128.26%). Fluctuation: **Significant** (high variation).



Significant decreases were observed in liabilities on revenue (-56.62%), current assets on revenue (-65.11%), and the ratio of retained earnings to revenue (-66.59%) from Q1 2023 to Q3 2023.  This indicates potential concerns regarding working capital and cost efficiency.  However, a slight increase in the SG&A expense ratio (12.18%) and a significant increase in earnings per share (128.26%) suggest areas of strength.  The data exhibits substantial volatility.