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 68.35 (%).Trend:Increase 217.32% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.15 (%).Trend:Decrease 51.5% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 20.26 (%).Trend:Decrease 38.88% than previous quarter

Overall: decreasing (-70.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 109.98 (%).Trend:Increase 200.74% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 55.71 (%).Trend:Decrease 49.35% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 37.16 (%).Trend:Decrease 33.3% than previous quarter

Overall: decreasing (-66.21%). 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 37.91 (%).Trend:Increase 363.45% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 23.39 (%).Trend:Decrease 38.3% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 18.41 (%).Trend:Decrease 21.29% than previous quarter

Overall: decreasing (-51.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 17.98 (%).Trend:Increase 51.22% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 22.08 (%).Trend:Increase 22.8% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 25.72 (%).Trend:Increase 16.49% than previous quarter

Overall: increasing (43.05%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.07 (USD).Trend:Decrease 26.21% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.64 (USD).Trend:Increase 146.73% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.82 (USD).Trend:Increase 44.7% than previous quarter

Overall: increasing (257.01%). Fluctuation: **Significant** (high variation).



Analysis of financial data from Q1 2023 to Q3 2023 shows considerable volatility across metrics.  Working capital efficiency (liabilities and current assets) decreased overall, with considerable quarter-to-quarter fluctuations. Cost efficiency decreased. Investment efficiency showed an overall upward trend. Earnings per share increased substantially.  The data reveals a period of dynamic change and fluctuations in financial performance.