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 38.0 (%).Trend:Decrease 54.13% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 26.76 (%).Trend:Decrease 29.58% than previous quarter

Overall: decreasing (-67.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 76.69 (%).Trend:Decrease 50.76% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 50.3 (%).Trend:Decrease 34.41% than previous quarter

Overall: decreasing (-67.7%). 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 96.05 (%).Trend:Decrease 49.0% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 65.67 (%).Trend:Decrease 31.63% than previous quarter

Overall: decreasing (-65.13%). 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 24.98 (%).Trend:Increase 3.69% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 26.01 (%).Trend:Increase 4.12% than previous quarter

Overall: increasing (7.97%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.33 (USD).Trend:Increase 106.25% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.51 (USD).Trend:Increase 54.55% than previous quarter

Overall: increasing (218.75%). Fluctuation: **Significant** (high variation).



The Q1-Q3 2023 financial data highlights a concerning trend of decreasing working capital efficiency.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all show significant declines, suggesting potential operational issues.  Despite these negative trends, retained earnings on assets show modest growth, and a dramatic rise in earnings per share indicates strong underlying profitability. This suggests the company may need to address working capital management inefficiencies.