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 89.7 (%).Trend:Increase 171.82% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 49.43 (%).Trend:Decrease 44.89% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 34.89 (%).Trend:Decrease 29.42% than previous quarter

Overall: decreasing (-61.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 118.4 (%).Trend:Increase 154.35% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 59.15 (%).Trend:Decrease 50.04% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 39.7 (%).Trend:Decrease 32.88% than previous quarter

Overall: decreasing (-66.47%). 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 110.69 (%).Trend:Increase 223.28% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 58.17 (%).Trend:Decrease 47.45% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 40.98 (%).Trend:Decrease 29.55% than previous quarter

Overall: decreasing (-62.98%). 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 28.65 (%).Trend:Increase 10.45% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 29.35 (%).Trend:Increase 2.44% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 29.74 (%).Trend:Increase 1.33% than previous quarter

Overall: increasing (3.8%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 69.12% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.35 (USD).Trend:Increase 101.49% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.97 (USD).Trend:Increase 45.93% than previous quarter

Overall: increasing (194.03%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2023 displays considerable volatility.  Liabilities and current assets on revenue significantly declined, indicating potential efficiency gains but also high risk of instability.  The ratio of retained earnings to revenue also declined drastically, suggesting a weakening of profitability.  Earnings per share, however, showed a notable increase, though marked by significant fluctuation, contrasting with the overall decline in working capital and cost efficiency.  Investment efficiency exhibited a more stable, gradual increase in retained earnings on assets.