Working Capital Efficiency
The data from Quater 1 in 2023 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 131.53 (%).Trend:Increase 238.21% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 77.44 (%).Trend:Decrease 41.12% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 58.89 (%).Trend:Decrease 23.95% than previous quarter

Overall: decreasing (-55.23%). 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 6.94 (%).Trend:Increase 22.18% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 7.63 (%).Trend:Increase 9.94% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 8.77 (%).Trend:Increase 14.94% than previous quarter

Overall: increasing (26.37%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.42 (USD).Trend:Decrease 61.11% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.84 (USD).Trend:Increase 100.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.31 (USD).Trend:Increase 55.95% than previous quarter

Overall: increasing (211.9%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2023 through Q3 2023 reveals a complex picture.  The ratio of retained earnings to revenue decreased substantially (55.23%), highlighting considerable quarterly fluctuations.  However, investment efficiency showed a moderate, positive trend (26.37% increase).  Earnings per share saw a significant increase (211.9%), yet with high variability.