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 66.32 (%).Trend:Increase 264.0% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.43 (%).Trend:Decrease 54.12% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.73 (%).Trend:Decrease 35.16% than previous quarter

Overall: decreasing (-70.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 343.07 (%).Trend:Increase 282.59% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 174.12 (%).Trend:Decrease 49.25% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 112.31 (%).Trend:Decrease 35.5% than previous quarter

Overall: decreasing (-67.26%). 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 1163.05 (%).Trend:Increase 260.71% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 578.25 (%).Trend:Decrease 50.28% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 387.58 (%).Trend:Decrease 32.97% than previous quarter

Overall: decreasing (-66.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.82 (%).Trend:Increase 30.36% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.49 (%).Trend:Decrease 3.05% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.32 (%).Trend:Decrease 1.62% than previous quarter

Overall: decreasing (-4.62%). 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 174.3 (%).Trend:Decrease 8.28% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 166.53 (%).Trend:Decrease 4.46% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 164.67 (%).Trend:Decrease 1.12% than previous quarter

Overall: decreasing (-5.52%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.87 (USD).Trend:Decrease 74.56% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.76 (USD).Trend:Increase 101.07% than previous quarter
Year 2023 Quarter 3: Earning Per Share 5.63 (USD).Trend:Increase 49.73% than previous quarter

Overall: increasing (201.07%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2023 displays negative trends across most key areas.  Liabilities on revenue, current assets on revenue, and the retained earnings-to-revenue ratio all decreased significantly with high volatility.  However, the selling, general, and administrative (SG&A) expense ratio experienced a relatively small decrease, while earnings per share showed a notable increase.  Overall, performance demonstrates significant fluctuation, with some positive trends in earnings per share contrasting negative trends in other key areas.