Working Capital Efficiency
The data from Quater 1 in 2023 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 3811.66 (%).Trend:Increase 142.91% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 1813.04 (%).Trend:Decrease 52.43% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 1207.08 (%).Trend:Decrease 33.42% than previous quarter

Overall: decreasing (-68.33%). 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 3.45 (%).Trend:Increase 32.18% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 3.65 (%).Trend:Increase 5.8% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 3.82 (%).Trend:Increase 4.66% than previous quarter

Overall: increasing (10.72%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 75.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.09 (USD).Trend:Increase 125.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.15 (USD).Trend:Increase 66.67% than previous quarter

Overall: increasing (275.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2023 to Q3 2023 reveals volatility.  Retained earnings as a percentage of revenue fell sharply from Q1 to Q3.  Earnings per share showed a strong upward trend, though the starting values were low.  Conversely, retained earnings as a percentage of assets increased steadily across the three quarters, signifying consistent investment efficiency.  More details are needed to assess the underlying factors driving these changes, particularly in working capital efficiency, cost efficiency, and the SG&A expense ratio.