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 130.16 (%).Trend:Increase 331.71% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.9 (%).Trend:Decrease 62.43% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 28.75 (%).Trend:Decrease 41.21% than previous quarter

Overall: decreasing (-77.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 317.31 (%).Trend:Increase 284.06% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 128.4 (%).Trend:Decrease 59.53% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 79.12 (%).Trend:Decrease 38.38% than previous quarter

Overall: decreasing (-75.07%). 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 211.17 (%).Trend:Increase 271.12% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 90.52 (%).Trend:Decrease 57.13% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 55.82 (%).Trend:Decrease 38.33% than previous quarter

Overall: decreasing (-73.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38.8 (%).Trend:Increase 22.4% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35.74 (%).Trend:Decrease 7.89% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.12 (%).Trend:Decrease 12.93% than previous quarter

Overall: decreasing (-19.79%). Fluctuation: **Neutral** (moderate 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 51.63 (%).Trend:Decrease 4.26% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 54.69 (%).Trend:Increase 5.93% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 56.34 (%).Trend:Increase 3.02% than previous quarter

Overall: increasing (9.12%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.67 (USD).Trend:Decrease 87.96% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 199.4% than previous quarter
Year 2023 Quarter 3: Earning Per Share 16.0 (USD).Trend:Increase 220.0% than previous quarter

Overall: increasing (858.08%). Fluctuation: **Significant** (high variation).



From Q1 2023 to Q3 2023, significant fluctuations were observed across key financial metrics. Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue all decreased significantly, indicating potential operational challenges. Conversely, Retained Earnings on Assets showed a slight increase, while Earnings Per Share increased dramatically, suggesting potentially strong investment performance despite other concerns. SG&A expense ratio decreased moderately.