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 109.38 (%).Trend:Increase 174.2% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 51.88 (%).Trend:Decrease 52.57% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 35.46 (%).Trend:Decrease 31.65% than previous quarter

Overall: decreasing (-67.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 159.24 (%).Trend:Increase 177.86% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 77.97 (%).Trend:Decrease 51.04% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 55.36 (%).Trend:Decrease 29.0% than previous quarter

Overall: decreasing (-65.23%). 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 697.94 (%).Trend:Increase 178.95% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 342.36 (%).Trend:Decrease 50.95% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 224.26 (%).Trend:Decrease 34.5% than previous quarter

Overall: decreasing (-67.87%). 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 110.05 (%).Trend:Increase 11.9% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 110.76 (%).Trend:Increase 0.65% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 108.89 (%).Trend:Decrease 1.69% than previous quarter

Overall: decreasing (-1.05%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 10.91 (USD).Trend:Decrease 12.79% than previous quarter
Year 2023 Quarter 2: Earning Per Share 36.78 (USD).Trend:Increase 237.12% than previous quarter
Year 2023 Quarter 3: Earning Per Share 32.23 (USD).Trend:Decrease 12.37% than previous quarter

Overall: increasing (195.42%). Fluctuation: **Significant** (high variation).



Q1 2023 to Q3 2023 financial analysis reveals a predominantly negative trend for most metrics. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all show significant decreases across the three quarters.  Invest efficiency displays little change, while earnings per share experience a considerable increase with fluctuations.  Overall, the data points to considerable volatility in the financial metrics, requiring further investigation into the underlying causes.