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 81.68 (%).Trend:Increase 209.28% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.83 (%).Trend:Decrease 58.58% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 21.58 (%).Trend:Decrease 36.21% than previous quarter

Overall: decreasing (-73.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 230.93 (%).Trend:Increase 84.39% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 93.42 (%).Trend:Decrease 59.55% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 59.96 (%).Trend:Decrease 35.82% than previous quarter

Overall: decreasing (-74.04%). 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 130.26 (%).Trend:Increase 174.52% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 58.97 (%).Trend:Decrease 54.73% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 43.75 (%).Trend:Decrease 25.81% than previous quarter

Overall: decreasing (-66.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.09 (%).Trend:Increase 46.26% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.72 (%).Trend:Decrease 2.83% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.86 (%).Trend:Decrease 6.76% than previous quarter

Overall: decreasing (-9.4%). 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 19.57 (%).Trend:Decrease 9.77% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 21.34 (%).Trend:Increase 9.04% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 24.57 (%).Trend:Increase 15.14% than previous quarter

Overall: increasing (25.55%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 49.24% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.05 (USD).Trend:Increase 56.72% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.87 (USD).Trend:Increase 78.1% than previous quarter

Overall: increasing (179.1%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2023 shows significant fluctuations.  Liabilities on revenue decreased markedly from the initial high in Q1, while current assets on revenue also decreased overall.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows a considerable decrease from the high in Q1. SG&A expense ratio decreased slightly.  Investment efficiency showed a moderate increase. Earnings per share increased substantially, demonstrating positive growth.