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 134.83 (%).Trend:Increase 218.15% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 62.7 (%).Trend:Decrease 53.5% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 41.42 (%).Trend:Decrease 33.94% than previous quarter

Overall: decreasing (-69.28%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 259.33 (%).Trend:Increase 200.43% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 125.17 (%).Trend:Decrease 51.73% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 83.62 (%).Trend:Decrease 33.19% than previous quarter

Overall: decreasing (-67.76%). 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 385.02 (%).Trend:Increase 169.62% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 184.36 (%).Trend:Decrease 52.12% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 121.01 (%).Trend:Decrease 34.36% than previous quarter

Overall: decreasing (-68.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.92 (%).Trend:Increase 3.23% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.02 (%).Trend:Decrease 7.62% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.02 (%).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-7.62%). 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 77.41 (%).Trend:Decrease 5.18% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 77.21 (%).Trend:Decrease 0.26% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 76.9 (%).Trend:Decrease 0.4% than previous quarter

Overall: decreasing (-0.66%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.2 (USD).Trend:Decrease 61.54% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.59 (USD).Trend:Increase 195.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.95 (USD).Trend:Increase 61.02% than previous quarter

Overall: increasing (375.0%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2023 to Q3 2023 reveals a general downward trend in working capital efficiency, cost efficiency, and investment efficiency. Liabilities on revenue and current assets on revenue declined significantly, indicating potential issues with managing short-term finances.  The ratio of retained earnings to revenue also fell dramatically during this period.  While SG&A expense ratio shows a modest decrease, the other efficiency metrics indicate significant concern due to substantial declines.  Earnings per share, however, saw significant increases, though fluctuation is substantial.