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 61.65 (%).Trend:Increase 145.23% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.52 (%).Trend:Decrease 45.63% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.24 (%).Trend:Decrease 30.67% than previous quarter

Overall: decreasing (-62.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 121.16 (%).Trend:Increase 199.53% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 59.73 (%).Trend:Decrease 50.7% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 41.59 (%).Trend:Decrease 30.37% than previous quarter

Overall: decreasing (-65.67%). 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 180.75 (%).Trend:Increase 250.63% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 95.85 (%).Trend:Decrease 46.97% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 65.31 (%).Trend:Decrease 31.86% than previous quarter

Overall: decreasing (-63.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 52.66 (%).Trend:Increase 12.83% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 52.98 (%).Trend:Increase 0.61% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 52.37 (%).Trend:Decrease 1.15% than previous quarter

Overall: decreasing (-0.55%). 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 62.65 (%).Trend:Increase 9.84% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 62.96 (%).Trend:Increase 0.49% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 62.87 (%).Trend:Decrease 0.14% than previous quarter

Overall: increasing (0.35%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.49 (USD).Trend:Decrease 80.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.9 (USD).Trend:Increase 94.63% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.96 (USD).Trend:Increase 71.03% than previous quarter

Overall: increasing (232.89%). Fluctuation: **Significant** (high variation).



Financial performance for Q1-Q3 2023 reveals a mixed picture.  Working capital efficiency shows a significant and concerning decrease in both liabilities on revenue (-62.3%) and current assets on revenue (-65.67%), suggesting potential liquidity issues.  Cost efficiency, measured by the ratio of retained earnings to revenue, is also declining significantly (-63.87%), hinting at decreasing profitability.  However, the SG&A expense ratio demonstrates little fluctuation, decreasing slightly. Investment efficiency, measured by retained earnings on assets, is increasing slightly.  Earning per share saw a significant increase (232.89%) over the quarter, although with high fluctuation, likely showing a recovery.