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 67.39 (%).Trend:Increase 196.48% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 32.98 (%).Trend:Decrease 51.06% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.19 (%).Trend:Decrease 29.68% than previous quarter

Overall: decreasing (-65.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 107.63 (%).Trend:Increase 179.92% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 59.76 (%).Trend:Decrease 44.48% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 33.48 (%).Trend:Decrease 43.98% than previous quarter

Overall: decreasing (-68.89%). 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 93.13 (%).Trend:Increase 187.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 48.56 (%).Trend:Decrease 47.86% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 31.98 (%).Trend:Decrease 34.14% than previous quarter

Overall: decreasing (-65.66%). 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 35.14 (%).Trend:Increase 5.4% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 35.6 (%).Trend:Increase 1.31% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 34.4 (%).Trend:Decrease 3.37% than previous quarter

Overall: decreasing (-2.11%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.04 (USD).Trend:Decrease 62.45% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.32 (USD).Trend:Increase 123.08% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.55 (USD).Trend:Increase 9.91% than previous quarter

Overall: increasing (145.19%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2023 to Q3 2023 exhibits significant volatility.  Liabilities on revenue and current assets on revenue both decreased significantly after increasing dramatically in Q1 2023.  The ratio of retained earnings to revenue also declined significantly.  Investment efficiency, measured by retained earnings on assets, shows little fluctuation, remaining fairly stable.  Earnings per share, however, demonstrate significant fluctuation, decreasing sharply in Q1 2023, then increasing in Q2 and Q3 2023.