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 24.74 (%).Trend:Decrease 33.53% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.34 (%).Trend:Increase 34.76% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 29.45 (%).Trend:Decrease 11.67% than previous quarter

Overall: increasing (19.04%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 105.56 (%).Trend:Decrease 36.1% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 166.38 (%).Trend:Increase 57.62% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 103.89 (%).Trend:Decrease 37.56% than previous quarter

Overall: decreasing (-1.58%). 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 120.21 (%).Trend:Decrease 33.71% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 178.43 (%).Trend:Increase 48.43% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 119.93 (%).Trend:Decrease 32.79% than previous quarter

Overall: decreasing (-0.23%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.58 (%).Trend:Decrease 4.48% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.53 (%).Trend:Increase 12.52% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.86 (%).Trend:Increase 1.88% than previous quarter

Overall: increasing (14.63%). 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 58.59 (%).Trend:Increase 3.08% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 56.78 (%).Trend:Decrease 3.09% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 55.22 (%).Trend:Decrease 2.75% than previous quarter

Overall: decreasing (-5.75%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.47 (USD).Trend:Increase 16.51% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.72 (USD).Trend:Decrease 30.36% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.59 (USD).Trend:Increase 50.58% than previous quarter

Overall: increasing (4.86%). Fluctuation: **Neutral** (moderate variation).



Financial statements for Q3 2022 to Q3 2023 suggest a mixed financial health. Liabilities on revenue show an overall increase, although fluctuating. Current assets on revenue show a net decrease. Cost efficiency indicates a slight decline in retained earnings to revenue, though with subsequent increases. SG&A expenses demonstrate a consistent increase. Investment efficiency shows a notable decrease in retained earnings on assets. Earnings per share show a decrease, followed by an increase. Overall, the data indicates inconsistent financial performance.