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 190.32 (%).Trend:Increase 245.03% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 87.89 (%).Trend:Decrease 53.82% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 68.52 (%).Trend:Decrease 22.04% than previous quarter

Overall: decreasing (-64.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 114.55 (%).Trend:Increase 184.24% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 54.55 (%).Trend:Decrease 52.38% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 36.29 (%).Trend:Decrease 33.47% than previous quarter

Overall: decreasing (-68.32%). 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 131.58 (%).Trend:Increase 201.79% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 64.13 (%).Trend:Decrease 51.26% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 43.05 (%).Trend:Decrease 32.87% than previous quarter

Overall: decreasing (-67.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.4 (%).Trend:Increase 1.49% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.19 (%).Trend:Decrease 1.14% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.1 (%).Trend:Decrease 0.49% than previous quarter

Overall: decreasing (-1.63%). 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 17.85 (%).Trend:Increase 2.29% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 16.63 (%).Trend:Decrease 6.83% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 16.34 (%).Trend:Decrease 1.74% than previous quarter

Overall: decreasing (-8.46%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 84.62% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 6.0 (USD).Trend:Increase 200.0% than previous quarter

Overall: increasing (200.0%). Fluctuation: **Significant** (high variation).



Financial performance in Q1 to Q3 2023 indicates a general decline across key metrics, exhibiting high variation. Liabilities and current assets on revenue decreased sharply. The ratio of retained earnings to revenue showed a substantial decline, though selling, general, and administrative (SG&A) expense ratio decreased steadily, yet modestly. Investment efficiency (retained earnings on assets) also shows a slight overall decrease with lower variation. Earnings per share saw a sharp increase in Q3 2023, offsetting a period of low earnings.