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 115.12 (%).Trend:Increase 138.84% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 73.55 (%).Trend:Decrease 36.11% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 56.94 (%).Trend:Decrease 22.58% than previous quarter

Overall: decreasing (-50.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 89.87 (%).Trend:Increase 139.72% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 49.85 (%).Trend:Decrease 44.53% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 36.58 (%).Trend:Decrease 26.62% than previous quarter

Overall: decreasing (-59.3%). 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 68.17 (%).Trend:Increase 120.47% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 45.64 (%).Trend:Decrease 33.05% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 33.36 (%).Trend:Decrease 26.91% than previous quarter

Overall: decreasing (-51.06%). 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 9.3 (%).Trend:Increase 18.17% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 9.26 (%).Trend:Decrease 0.43% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 8.8 (%).Trend:Decrease 4.97% than previous quarter

Overall: decreasing (-5.38%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: stable (0.0%). Fluctuation: **Little** (low variation).



Financial performance in Q1 to Q3 2023 reveals a consistent downward trend. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased significantly over the three quarters.  Investment efficiency also experienced a slight decrease, though with less volatility. Earnings per share remained stable throughout the period.