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 277.76 (%).Trend:Increase 1070.5% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 91.78 (%).Trend:Decrease 66.96% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 38.53 (%).Trend:Decrease 58.02% than previous quarter

Overall: decreasing (-86.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 511.24 (%).Trend:Increase 1213.9% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 362.93 (%).Trend:Decrease 29.01% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 103.19 (%).Trend:Decrease 71.57% than previous quarter

Overall: decreasing (-79.82%). 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 76.5 (%).Trend:Increase 1010.3% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 193.44 (%).Trend:Increase 152.86% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 21.09 (%).Trend:Decrease 89.1% than previous quarter

Overall: decreasing (-72.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.83 (%).Trend:Increase 30.63% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.99 (%).Trend:Decrease 4.24% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.43 (%).Trend:Decrease 2.95% than previous quarter

Overall: decreasing (-7.06%). 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 7.17 (%).Trend:Increase 28.96% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 30.61 (%).Trend:Increase 326.92% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 7.44 (%).Trend:Decrease 75.69% than previous quarter

Overall: increasing (3.77%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.47 (USD).Trend:Decrease 68.24% than previous quarter
Year 2023 Quarter 2: Earning Per Share 7.55 (USD).Trend:Increase 1506.38% than previous quarter
Year 2023 Quarter 3: Earning Per Share 8.09 (USD).Trend:Increase 7.15% than previous quarter

Overall: increasing (1621.28%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2023 to Q3 2023 shows a decrease in working capital efficiency, evidenced by liabilities and current assets relative to revenue. Cost efficiency metrics exhibit a general decline in the ratio of retained earnings to revenue, while the SG&A expense ratio reveals a downward trend. Investment efficiency shows significant fluctuations.  Earnings per share, despite some volatility, show a notable increase.  Overall, the data indicate significant volatility in financial performance.