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 47.17 (%).Trend:Increase 277.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 23.25 (%).Trend:Decrease 50.71% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 15.65 (%).Trend:Decrease 32.69% than previous quarter

Overall: decreasing (-66.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 86.2 (%).Trend:Increase 258.27% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 42.86 (%).Trend:Decrease 50.28% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 27.61 (%).Trend:Decrease 35.58% than previous quarter

Overall: decreasing (-67.97%). 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 10.55 (%).Trend:Increase 99.81% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 1.09 (%).Trend:Decrease 89.67% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 2.46 (%).Trend:Increase 125.69% than previous quarter

Overall: decreasing (-76.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.28 (%).Trend:Increase 41.86% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.85 (%).Trend:Decrease 1.85% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.1 (%).Trend:Decrease 3.28% than previous quarter

Overall: decreasing (-5.07%). 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 3.91 (%).Trend:Decrease 53.51% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 0.85 (%).Trend:Decrease 78.26% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 2.96 (%).Trend:Increase 248.24% than previous quarter

Overall: decreasing (-24.3%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.44 (USD).Trend:Decrease 82.72% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.59 (USD).Trend:Increase 129.1% than previous quarter
Year 2023 Quarter 3: Earning Per Share 9.19 (USD).Trend:Increase 64.4% than previous quarter

Overall: increasing (276.64%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2023 to Q3 2023 reveals considerable volatility across key metrics. Liabilities on revenue and current assets on revenue both show decreasing trends, though with significant fluctuations.  Cost efficiency, measured by the ratio of retained earnings to revenue, is decreasing significantly and highly variable. Selling, general, and administrative (SG&A) expense ratio is also decreasing but less variable. Investment efficiency (retained earnings on assets) and earnings per share show overall decreasing and increasing trends respectively, both with significant fluctuation.