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 98.07 (%).Trend:Increase 223.56% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 45.43 (%).Trend:Decrease 53.68% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 22.08 (%).Trend:Decrease 51.4% than previous quarter

Overall: decreasing (-77.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 207.72 (%).Trend:Increase 241.7% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 100.55 (%).Trend:Decrease 51.59% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 54.51 (%).Trend:Decrease 45.79% than previous quarter

Overall: decreasing (-73.76%). 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 275.06 (%).Trend:Increase 260.21% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 124.58 (%).Trend:Decrease 54.71% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 83.69 (%).Trend:Decrease 32.82% than previous quarter

Overall: decreasing (-69.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.7 (%).Trend:Increase 21.84% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.8 (%).Trend:Decrease 11.69% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.27 (%).Trend:Decrease 7.79% than previous quarter

Overall: decreasing (-18.57%). Fluctuation: **Neutral** (moderate 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 25.01 (%).Trend:Increase 3.01% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 25.94 (%).Trend:Increase 3.72% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 29.0 (%).Trend:Increase 11.8% than previous quarter

Overall: increasing (15.95%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 90.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 7.0 (USD).Trend:Increase 600.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 14.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (1300.0%). Fluctuation: **Significant** (high variation).



Financial data for Q1-Q3 2023 shows declining trends in working capital efficiency, measured by liabilities and current assets on revenue, along with cost efficiency, reflected in the ratio of retained earnings to revenue.  However, investment efficiency, gauged by retained earnings on assets, reveals a steady upward trajectory, contrasting with the overall negative trends.  Earnings per share demonstrate a substantial improvement, though with high volatility, exhibiting a dramatic rise in the latter two quarters. These conflicting trends point to a complex financial situation, with potential challenges in short-term financial management, potentially offset by significant growth in earnings per share and long-term investment strategies.