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 189.84 (%).Trend:Increase 245.48% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 90.7 (%).Trend:Decrease 52.22% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 54.41 (%).Trend:Decrease 40.01% than previous quarter

Overall: decreasing (-71.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 204.92 (%).Trend:Increase 195.53% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 101.35 (%).Trend:Decrease 50.54% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 64.8 (%).Trend:Decrease 36.06% than previous quarter

Overall: decreasing (-68.38%). 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 214.9 (%).Trend:Increase 192.66% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 105.96 (%).Trend:Decrease 50.69% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 71.11 (%).Trend:Decrease 32.89% than previous quarter

Overall: decreasing (-66.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.99 (%).Trend:Decrease 4.08% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.91 (%).Trend:Decrease 0.67% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.79 (%).Trend:Decrease 1.01% than previous quarter

Overall: decreasing (-1.67%). 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 25.26 (%).Trend:Increase 3.74% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 25.68 (%).Trend:Increase 1.66% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 27.05 (%).Trend:Increase 5.33% than previous quarter

Overall: increasing (7.09%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.94 (USD).Trend:Decrease 63.85% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 112.77% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.34 (USD).Trend:Increase 67.0% than previous quarter

Overall: increasing (255.32%). Fluctuation: **Significant** (high variation).



Financial review across Q1 to Q3 of 2023 reveals substantial fluctuations in key metrics.  Working capital efficiency (current assets and liabilities) has decreased considerably.  Cost efficiency (ratio of retained earnings to revenue) exhibits extreme volatility, while SG&A expense ratios have steadily decreased.  Investment efficiency remains steady and positive. Earnings per share show a marked increase after a Q1 downturn, highlighting a recovery.