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 41.68 (%).Trend:Decrease 3.07% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.38 (%).Trend:Decrease 0.72% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 40.17 (%).Trend:Decrease 2.92% than previous quarter

Overall: decreasing (-3.62%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 45.42 (%).Trend:Decrease 9.85% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 52.13 (%).Trend:Increase 14.77% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 47.22 (%).Trend:Decrease 9.42% than previous quarter

Overall: increasing (3.96%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36.58 (%).Trend:Increase 3.71% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.86 (%).Trend:Increase 6.23% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 39.87 (%).Trend:Increase 2.6% than previous quarter

Overall: increasing (8.99%). 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
Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.43 (USD).Trend:Increase 20.3% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.49 (USD).Trend:Decrease 79.84% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.64 (USD).Trend:Increase 30.61% than previous quarter

Overall: decreasing (-73.66%). Fluctuation: **Significant** (high variation).



The financial statements reveal a mixed picture. Working capital efficiency shows a consistent decrease in liabilities on revenue and a moderate increase in current assets on revenue. Cost efficiency demonstrates a steady rise in SG&A expense ratio.  However, investment efficiency shows a substantial decline in earnings per share, highlighting a significant variation in performance.