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 20219.44 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 10239.02 (%).Trend:Decrease 49.36% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 6789.74 (%).Trend:Decrease 33.69% than previous quarter

Overall: decreasing (-66.42%). 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 93.39 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 96.28 (%).Trend:Increase 3.09% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 97.43 (%).Trend:Increase 1.19% than previous quarter

Overall: increasing (4.33%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.79 (USD).Trend:Increase 19.7% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.71 (USD).Trend:Increase 116.46% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.39 (USD).Trend:Increase 39.77% than previous quarter

Overall: increasing (202.53%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2023 to Q3 2023 indicates a mix of positive and negative financial trends.  The ratio of retained earnings to revenue decreased significantly (-66.42%) with high variability, while retained earnings on assets showed a steady increase (4.33%) with little fluctuation. Earnings per share (EPS) rose substantially (202.53%) over the period, but also exhibited considerable variation. This necessitates further investigation into the underlying causes of these disparate financial movements.