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 90.24 (%).Trend:Increase 83.38% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 48.28 (%).Trend:Decrease 46.5% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 30.9 (%).Trend:Decrease 36.0% than previous quarter

Overall: decreasing (-65.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 133.8 (%).Trend:Increase 83.49% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 70.06 (%).Trend:Decrease 47.64% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 45.03 (%).Trend:Decrease 35.73% than previous quarter

Overall: decreasing (-66.35%). 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 67.29 (%).Trend:Increase 58.03% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 33.02 (%).Trend:Decrease 50.93% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 22.06 (%).Trend:Decrease 33.19% than previous quarter

Overall: decreasing (-67.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.21 (%).Trend:Decrease 2.51% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.13 (%).Trend:Decrease 1.29% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.9 (%).Trend:Decrease 3.75% than previous quarter

Overall: decreasing (-4.99%). 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 24.01 (%).Trend:Decrease 15.34% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 23.69 (%).Trend:Decrease 1.33% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 24.36 (%).Trend:Increase 2.83% than previous quarter

Overall: increasing (1.46%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.02 (USD).Trend:Decrease 97.8% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.76 (USD).Trend:Increase 3700.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.66 (USD).Trend:Increase 118.42% than previous quarter

Overall: increasing (8200.0%). Fluctuation: **Significant** (high variation).



Financial performance during Q1-Q3 2023 reveals significant negative trends in working capital efficiency, with substantial drops in both liabilities and current assets on revenue.  Cost efficiency (ratio of retained earnings to revenue) also saw a substantial downward trend, with significant quarter-to-quarter changes.  Selling, general, and administrative (SG&A) expenses decreased steadily, with minor variation.  Investment efficiency, measured by retained earnings on assets, displayed a small increase, and earnings per share increased substantially overall, yet with significant quarter-to-quarter variation.