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 172.82 (%).Trend:Increase 162.21% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 81.13 (%).Trend:Decrease 53.06% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 49.63 (%).Trend:Decrease 38.83% than previous quarter

Overall: decreasing (-71.28%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 200.63 (%).Trend:Increase 161.13% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 97.93 (%).Trend:Decrease 51.19% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 63.93 (%).Trend:Decrease 34.72% than previous quarter

Overall: decreasing (-68.14%). 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 153.14 (%).Trend:Increase 142.2% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 78.57 (%).Trend:Decrease 48.69% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 54.45 (%).Trend:Decrease 30.7% than previous quarter

Overall: decreasing (-64.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.37 (%).Trend:Increase 8.7% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.29 (%).Trend:Decrease 3.05% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 35.59 (%).Trend:Increase 3.79% than previous quarter

Overall: increasing (0.62%). 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 37.98 (%).Trend:Decrease 5.71% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 39.61 (%).Trend:Increase 4.29% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 41.88 (%).Trend:Increase 5.73% than previous quarter

Overall: increasing (10.27%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 89.15% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.53 (USD).Trend:Increase 130.43% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.64 (USD).Trend:Increase 20.75% than previous quarter

Overall: increasing (178.26%). Fluctuation: **Significant** (high variation).



Financial performance in Q1, Q2, and Q3 2023 reveals significant volatility across various metrics. Working capital efficiency displays substantial decreases in both liabilities and current assets. Cost efficiency demonstrates a substantial decrease in retained earnings to revenue.  Selling, general, and administrative (SG&A) expenses show little fluctuation.  Investment efficiency indicates a moderate increase in retained earnings on assets. Earning per share demonstrates a significant increase across the three quarters.  These results suggest significant fluctuations and require further investigation to understand underlying trends.