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 56.07 (%).Trend:Increase 240.23% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 26.89 (%).Trend:Decrease 52.04% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.03 (%).Trend:Decrease 29.23% than previous quarter

Overall: decreasing (-66.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 117.16 (%).Trend:Increase 249.0% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 59.44 (%).Trend:Decrease 49.27% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 48.56 (%).Trend:Decrease 18.3% than previous quarter

Overall: decreasing (-58.55%). 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 458.18 (%).Trend:Increase 223.25% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 233.16 (%).Trend:Decrease 49.11% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 163.02 (%).Trend:Decrease 30.08% than previous quarter

Overall: decreasing (-64.42%). 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 34.47 (%).Trend:Increase 8.53% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 35.9 (%).Trend:Increase 4.15% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 36.6 (%).Trend:Increase 1.95% than previous quarter

Overall: increasing (6.18%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.1 (USD).Trend:Decrease 63.93% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.12 (USD).Trend:Increase 92.73% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.17 (USD).Trend:Increase 49.53% than previous quarter

Overall: increasing (188.18%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2023 to Q3 2023 financial data shows considerable volatility.  Working capital efficiency metrics (liabilities and current assets relative to revenue) decreased overall, despite large quarter-to-quarter changes.  Cost efficiency (ratio of retained earnings to revenue) also fell, with high volatility.  Conversely, retained earnings on assets showed small, consistent growth.  Earnings per share increased significantly, with significant fluctuations.