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 89.7 (%).Trend:Increase 171.82% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 49.43 (%).Trend:Decrease 44.89% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 34.89 (%).Trend:Decrease 29.42% than previous quarter

Overall: decreasing (-61.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 118.4 (%).Trend:Increase 154.35% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 59.15 (%).Trend:Decrease 50.04% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 39.7 (%).Trend:Decrease 32.88% than previous quarter

Overall: decreasing (-66.47%). 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 110.69 (%).Trend:Increase 223.28% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 58.17 (%).Trend:Decrease 47.45% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 40.98 (%).Trend:Decrease 29.55% than previous quarter

Overall: decreasing (-62.98%). 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 28.65 (%).Trend:Increase 10.45% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 29.35 (%).Trend:Increase 2.44% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 29.74 (%).Trend:Increase 1.33% than previous quarter

Overall: increasing (3.8%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 69.12% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.35 (USD).Trend:Increase 101.49% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.97 (USD).Trend:Increase 45.93% than previous quarter

Overall: increasing (194.03%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue decreased significantly by 61.1% from Q1 to Q3 2023, while current assets on revenue also decreased by 66.47% over the same period. Cost efficiency, as measured by the ratio of retained earnings to revenue, also experienced a significant decrease of 62.98% from Q1 to Q3 2023.  In contrast, investment efficiency (retained earnings on assets) showed a slight increase of 3.8% over the same period. Earnings per share saw significant fluctuation, increasing by 194.03% from Q1 to Q3 2023.