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 76.07 (%).Trend:Increase 147.87% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 40.28 (%).Trend:Decrease 47.05% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 25.87 (%).Trend:Decrease 35.77% than previous quarter

Overall: decreasing (-65.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 164.26 (%).Trend:Increase 152.86% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 84.19 (%).Trend:Decrease 48.75% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 54.48 (%).Trend:Decrease 35.29% than previous quarter

Overall: decreasing (-66.83%). 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 254.06 (%).Trend:Increase 207.99% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 135.31 (%).Trend:Decrease 46.74% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 95.32 (%).Trend:Decrease 29.55% than previous quarter

Overall: decreasing (-62.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.92 (%).Trend:Decrease 9.0% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.61 (%).Trend:Decrease 1.48% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.03 (%).Trend:Increase 2.04% than previous quarter

Overall: increasing (0.53%). 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 32.24 (%).Trend:Increase 18.27% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 34.49 (%).Trend:Increase 6.98% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 36.95 (%).Trend:Increase 7.13% than previous quarter

Overall: increasing (14.61%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.59 (USD).Trend:Decrease 53.74% than previous quarter
Year 2023 Quarter 2: Earning Per Share 7.03 (USD).Trend:Increase 95.82% than previous quarter
Year 2023 Quarter 3: Earning Per Share 10.54 (USD).Trend:Increase 49.93% than previous quarter

Overall: increasing (193.59%). Fluctuation: **Significant** (high variation).



The financial data for Q1 2023 to Q3 2023 shows significant volatility across various financial metrics. Liabilities on revenue are trending downwards, but with notable quarter-to-quarter fluctuations.  Current assets on revenue also exhibit a similar, sharply downward trend with substantial quarter-to-quarter changes.  Cost efficiency, measured by the retained earnings-to-revenue ratio, shows a significant overall decline.  The selling, general, and administrative (SG&A) expense ratio, however, is stable with a small overall increase.  Investment efficiency, using retained earnings on assets, shows a small but consistent increase across the reporting period.  Earnings per share experienced a large, and quite variable, overall increase. This indicates significant instability in certain financial elements.