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 44.81 (%).Trend:Increase 169.61% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 21.41 (%).Trend:Decrease 52.22% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 15.59 (%).Trend:Decrease 27.18% than previous quarter

Overall: decreasing (-65.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 197.05 (%).Trend:Increase 173.64% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 98.41 (%).Trend:Decrease 50.06% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 48.94 (%).Trend:Decrease 50.27% than previous quarter

Overall: decreasing (-75.16%). 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 345.8 (%).Trend:Increase 179.28% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 173.89 (%).Trend:Decrease 49.71% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 114.65 (%).Trend:Decrease 34.07% than previous quarter

Overall: decreasing (-66.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.66 (%).Trend:Decrease 3.43% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.09 (%).Trend:Increase 1.99% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.41 (%).Trend:Increase 1.45% than previous quarter

Overall: increasing (3.46%). 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 76.45 (%).Trend:Increase 0.28% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 76.84 (%).Trend:Increase 0.51% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 75.41 (%).Trend:Decrease 1.86% than previous quarter

Overall: decreasing (-1.36%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.4 (USD).Trend:Decrease 55.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.19 (USD).Trend:Increase 52.65% than previous quarter
Year 2023 Quarter 3: Earning Per Share 7.62 (USD).Trend:Increase 46.82% than previous quarter

Overall: increasing (124.12%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2023 to Q3 2023 shows substantial fluctuations.  Working capital efficiency, measured by liabilities and current assets on revenue, declined significantly with high quarterly variability. Cost efficiency, as measured by the retained earnings-to-revenue ratio, also decreased significantly with high variability. The selling, general, and administrative (SG&A) expense ratio showed a small increase with little fluctuation, contrasting sharply with other metrics. Investment efficiency saw a slight decrease with little fluctuation. Earnings per share, however, increased from Q1 to Q3 with substantial fluctuations.  In-depth analysis is needed to discern underlying factors driving this complex financial profile.