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 57.44 (%).Trend:Increase 234.73% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 37.23 (%).Trend:Decrease 35.18% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.9 (%).Trend:Decrease 35.8% than previous quarter

Overall: decreasing (-58.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 75.78 (%).Trend:Increase 161.4% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 29.13 (%).Trend:Decrease 61.56% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 18.7 (%).Trend:Decrease 35.81% than previous quarter

Overall: decreasing (-75.32%). 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 262.59 (%).Trend:Increase 214.59% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 134.93 (%).Trend:Decrease 48.62% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 91.25 (%).Trend:Decrease 32.37% than previous quarter

Overall: decreasing (-65.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.49 (%).Trend:Increase 12.85% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.63 (%).Trend:Decrease 2.65% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.37 (%).Trend:Decrease 0.82% than previous quarter

Overall: decreasing (-3.45%). 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 33.03 (%).Trend:Increase 1.26% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 30.74 (%).Trend:Decrease 6.93% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 32.16 (%).Trend:Increase 4.62% than previous quarter

Overall: decreasing (-2.63%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 73.4% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (100.0%). Fluctuation: **Significant** (high variation).



Financial performance for Q1-Q3 2023 reveals significant volatility across key metrics.  Working capital efficiency shows a substantial decrease in both liabilities and current assets on revenue, highlighting operational challenges.  Cost efficiency, measured by the ratio of retained earnings to revenue, experienced a substantial negative trend.  However, the selling, general, and administrative (SG&A) expense ratio decreased steadily, indicating potential cost control measures.  Investment efficiency, as reflected in retained earnings on assets, showed a small negative overall trend, indicating a stable investment strategy.  Earning per share, which was significantly lower in Q1, recovered to a higher level in Q3.  Overall, the data indicates a need for closer monitoring and potential remedial strategies.