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 108.72 (%).Trend:Increase 77.13% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 62.44 (%).Trend:Decrease 42.57% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 50.66 (%).Trend:Decrease 18.87% than previous quarter

Overall: decreasing (-53.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 186.5 (%).Trend:Increase 118.82% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 102.51 (%).Trend:Decrease 45.03% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 79.25 (%).Trend:Decrease 22.69% than previous quarter

Overall: decreasing (-57.51%). 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 75.49 (%).Trend:Increase 310.72% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 36.54 (%).Trend:Decrease 51.6% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 25.64 (%).Trend:Decrease 29.83% than previous quarter

Overall: decreasing (-66.04%). 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 20.27 (%).Trend:Increase 40.08% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 19.34 (%).Trend:Decrease 4.59% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 19.05 (%).Trend:Decrease 1.5% than previous quarter

Overall: decreasing (-6.02%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.78 (USD).Trend:Decrease 75.78% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.23 (USD).Trend:Increase 57.69% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.98 (USD).Trend:Increase 60.98% than previous quarter

Overall: increasing (153.85%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2023 shows a generally negative trend in working capital efficiency and cost efficiency. Liabilities and current assets on revenue both decreased, but with considerable volatility. The ratio of retained earnings to revenue also decreased significantly, indicating declining profitability.  However, investment efficiency is down slightly, suggesting some positive factors.  Earnings per share have increased overall in the period, suggesting potential growth but with substantial quarterly variability.  Further investigation is needed to understand the drivers of these changes.