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 101.56 (%).Trend:Increase 204.8% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 47.45 (%).Trend:Decrease 53.28% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 31.71 (%).Trend:Decrease 33.17% than previous quarter

Overall: decreasing (-68.78%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 134.14 (%).Trend:Increase 254.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 67.17 (%).Trend:Decrease 49.93% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 37.04 (%).Trend:Decrease 44.86% than previous quarter

Overall: decreasing (-72.39%). 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 186.15 (%).Trend:Increase 261.39% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 92.44 (%).Trend:Decrease 50.34% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 68.55 (%).Trend:Decrease 25.84% than previous quarter

Overall: decreasing (-63.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.5 (%).Trend:Increase 15.04% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33.29 (%).Trend:Decrease 6.23% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 34.17 (%).Trend:Increase 2.64% than previous quarter

Overall: decreasing (-3.75%). 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 42.43 (%).Trend:Increase 5.26% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 45.16 (%).Trend:Increase 6.43% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 50.7 (%).Trend:Increase 12.27% than previous quarter

Overall: increasing (19.49%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.54 (USD).Trend:Decrease 81.57% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.83 (USD).Trend:Increase 238.89% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.44 (USD).Trend:Increase 33.33% than previous quarter

Overall: increasing (351.85%). Fluctuation: **Significant** (high variation).



The financial data from Q1 2023 to Q3 2023 reveals significant decreases in liabilities on revenue (-68.78%), current assets on revenue (-72.39%), and ratio of retained earnings to revenue (-63.17%), potentially indicating a downturn.  In contrast, retained earnings on assets increased moderately (19.49%), and earnings per share experienced a dramatic increase (351.85%).  The SG&A expense ratio showed a minor decrease (-3.75%).