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 108.39 (%).Trend:Increase 180.88% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 53.73 (%).Trend:Decrease 50.43% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 38.12 (%).Trend:Decrease 29.05% than previous quarter

Overall: decreasing (-64.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 202.02 (%).Trend:Increase 184.42% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 105.42 (%).Trend:Decrease 47.82% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 71.4 (%).Trend:Decrease 32.27% than previous quarter

Overall: decreasing (-64.66%). 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 61.53 (%).Trend:Increase 160.83% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 30.91 (%).Trend:Decrease 49.76% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 20.86 (%).Trend:Decrease 32.51% than previous quarter

Overall: decreasing (-66.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.88 (%).Trend:Decrease 4.9% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.85 (%).Trend:Decrease 0.77% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.78 (%).Trend:Decrease 1.82% than previous quarter

Overall: decreasing (-2.58%). Fluctuation: **Little** (low 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 22.67 (%).Trend:Decrease 6.13% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 21.79 (%).Trend:Decrease 3.88% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 21.82 (%).Trend:Increase 0.14% than previous quarter

Overall: decreasing (-3.75%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 54.76% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.81 (USD).Trend:Increase 113.16% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.47 (USD).Trend:Increase 81.48% than previous quarter

Overall: increasing (286.84%). Fluctuation: **Significant** (high variation).



Financial performance for 2023 Q1-Q3 shows significant fluctuations in working capital efficiency. Liabilities on revenue increased dramatically in Q1, then decreased substantially in Q2 and Q3.  Similarly, current assets on revenue increased sharply in Q1, followed by decreases in Q2 and Q3.  Cost efficiency also reveals significant fluctuations. The ratio of retained earnings to revenue rose significantly in Q1, then fell sharply in Q2 and Q3.  SG&A expense ratio shows a more stable downward trend.  Investment efficiency shows a slightly declining trend with little fluctuation. Earnings per share show significant fluctuation, increasing substantially from Q1 to Q3. Overall, the financial performance exhibits high volatility across various metrics.