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 183.38 (%).Trend:Increase 216.94% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 85.26 (%).Trend:Decrease 53.51% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 59.36 (%).Trend:Decrease 30.38% than previous quarter

Overall: decreasing (-67.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 213.38 (%).Trend:Increase 180.28% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 96.52 (%).Trend:Decrease 54.77% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 64.67 (%).Trend:Decrease 33.0% than previous quarter

Overall: decreasing (-69.69%). 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 201.24 (%).Trend:Increase 183.28% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 105.0 (%).Trend:Decrease 47.82% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 72.3 (%).Trend:Decrease 31.14% than previous quarter

Overall: decreasing (-64.07%). 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 26.2 (%).Trend:Increase 3.43% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.22 (%).Trend:Increase 3.89% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 26.03 (%).Trend:Decrease 4.37% than previous quarter

Overall: decreasing (-0.65%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.09 (USD).Trend:Decrease 211.15% than previous quarter
Year 2023 Quarter 2: Earning Per Share 7.85 (USD).Trend:Increase 154.05% than previous quarter
Year 2023 Quarter 3: Earning Per Share 6.44 (USD).Trend:Decrease 17.96% than previous quarter

Overall: increasing (108.41%). Fluctuation: **Significant** (high variation).



Financial performance for Q1 2023 to Q3 2023 shows significant fluctuations across various metrics.  Working capital efficiency, measured by liabilities and current assets on revenue, decreased significantly, with high variation between quarters.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also displayed a substantial decrease and high variability.  Conversely, investment efficiency, gauged by retained earnings on assets, showed a slight decrease with less volatility.  Earnings per share demonstrated a notable increase, but still with substantial fluctuations.  Overall, the analysis highlights a dynamic, yet problematic trend in terms of working capital and cost efficiency, with significant fluctuations in earnings per share.