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 277.76 (%).Trend:Increase 1070.5% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 91.78 (%).Trend:Decrease 66.96% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 38.53 (%).Trend:Decrease 58.02% than previous quarter

Overall: decreasing (-86.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 511.24 (%).Trend:Increase 1213.9% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 362.93 (%).Trend:Decrease 29.01% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 103.19 (%).Trend:Decrease 71.57% than previous quarter

Overall: decreasing (-79.82%). 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 76.5 (%).Trend:Increase 1010.3% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 193.44 (%).Trend:Increase 152.86% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 21.09 (%).Trend:Decrease 89.1% than previous quarter

Overall: decreasing (-72.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.83 (%).Trend:Increase 30.63% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.99 (%).Trend:Decrease 4.24% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.43 (%).Trend:Decrease 2.95% than previous quarter

Overall: decreasing (-7.06%). 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 7.17 (%).Trend:Increase 28.96% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 30.61 (%).Trend:Increase 326.92% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 7.44 (%).Trend:Decrease 75.69% than previous quarter

Overall: increasing (3.77%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.47 (USD).Trend:Decrease 68.24% than previous quarter
Year 2023 Quarter 2: Earning Per Share 7.55 (USD).Trend:Increase 1506.38% than previous quarter
Year 2023 Quarter 3: Earning Per Share 8.09 (USD).Trend:Increase 7.15% than previous quarter

Overall: increasing (1621.28%). Fluctuation: **Significant** (high variation).



Financial performance shows significant fluctuation across various key metrics during Q1 2023 to Q3 2023.  Working capital efficiency, measured by liabilities and current assets on revenue, has declined substantially, with significant quarterly variation.  Cost efficiency, specifically the ratio of retained earnings to revenue, also shows substantial decreases and volatility.  While SG&A expense ratio displays modest decline with little fluctuation, investment efficiency, as measured by retained earnings on assets, experienced increases and decreases. Earnings per share shows a dramatic increase overall, but with significant variation across the quarters.  Overall financial health appears volatile and needs further analysis.