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 53.61 (%).Trend:Increase 198.5% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 27.05 (%).Trend:Decrease 49.54% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.68 (%).Trend:Decrease 27.25% than previous quarter

Overall: decreasing (-63.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 158.76 (%).Trend:Increase 219.44% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 80.91 (%).Trend:Decrease 49.04% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 56.0 (%).Trend:Decrease 30.79% than previous quarter

Overall: decreasing (-64.73%). 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 98.99 (%).Trend:Increase 317.33% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 50.84 (%).Trend:Decrease 48.64% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 35.2 (%).Trend:Decrease 30.76% than previous quarter

Overall: decreasing (-64.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.79 (%).Trend:Increase 18.31% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.88 (%).Trend:Increase 0.83% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.99 (%).Trend:Increase 1.01% than previous quarter

Overall: increasing (1.85%). 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 32.1 (%).Trend:Increase 16.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 32.81 (%).Trend:Increase 2.21% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 33.34 (%).Trend:Increase 1.62% than previous quarter

Overall: increasing (3.86%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 4.26 (USD).Trend:Decrease 72.16% than previous quarter
Year 2023 Quarter 2: Earning Per Share 8.63 (USD).Trend:Increase 102.58% than previous quarter
Year 2023 Quarter 3: Earning Per Share 13.81 (USD).Trend:Increase 60.02% than previous quarter

Overall: increasing (224.18%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2023 reveals significant fluctuations.  Working capital efficiency deteriorated, with liabilities and current assets on revenue decreasing substantially, suggesting potential liquidity concerns. Cost efficiency, particularly the retained earnings to revenue ratio, is declining sharply.  However, selling, general, and administrative (SG&A) expenses are rising only slightly, and investment efficiency is slowly improving, with retained earnings on assets showing a slight increase.  Earnings per share saw a dramatic increase, although with volatility.