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 204.08 (%).Trend:Increase 219.77% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 100.39 (%).Trend:Decrease 50.81% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 65.51 (%).Trend:Decrease 34.74% than previous quarter

Overall: decreasing (-67.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 305.73 (%).Trend:Increase 234.86% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 125.62 (%).Trend:Decrease 58.91% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 89.15 (%).Trend:Decrease 29.03% than previous quarter

Overall: decreasing (-70.84%). 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 607.87 (%).Trend:Increase 202.66% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 307.93 (%).Trend:Decrease 49.34% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 211.34 (%).Trend:Decrease 31.37% than previous quarter

Overall: decreasing (-65.23%). 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 71.16 (%).Trend:Increase 1.21% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 78.45 (%).Trend:Increase 10.24% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 79.87 (%).Trend:Increase 1.81% than previous quarter

Overall: increasing (12.24%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.98 (USD).Trend:Decrease 63.16% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.08 (USD).Trend:Increase 104.03% than previous quarter
Year 2023 Quarter 3: Earning Per Share 9.36 (USD).Trend:Increase 53.95% than previous quarter

Overall: increasing (214.09%). Fluctuation: **Significant** (high variation).



Financial analysis from Q1 2023 to Q3 2023 shows a decline in liabilities and current assets as percentages of revenue, indicating potential working capital improvements.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also shows a substantial decrease.  However, investment efficiency (retained earnings on assets) shows a consistent increase. Earnings per share demonstrates a notable and fluctuating increase.  The data suggests a complex financial picture with high volatility across key metrics.