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 74.44 (%).Trend:Increase 110.22% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 40.33 (%).Trend:Decrease 45.82% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 40.89 (%).Trend:Increase 1.39% than previous quarter

Overall: decreasing (-45.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 205.28 (%).Trend:Increase 185.71% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 106.93 (%).Trend:Decrease 47.91% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 70.88 (%).Trend:Decrease 33.71% than previous quarter

Overall: decreasing (-65.47%). 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 160.82 (%).Trend:Increase 195.68% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 84.11 (%).Trend:Decrease 47.7% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 59.73 (%).Trend:Decrease 28.99% than previous quarter

Overall: decreasing (-62.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.79 (%).Trend:Increase 7.49% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.66 (%).Trend:Decrease 0.88% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.99 (%).Trend:Increase 2.25% than previous quarter

Overall: increasing (1.35%). 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 34.7 (%).Trend:Decrease 1.34% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 34.11 (%).Trend:Decrease 1.7% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 35.18 (%).Trend:Increase 3.14% than previous quarter

Overall: increasing (1.38%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.69 (USD).Trend:Decrease 59.76% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.43 (USD).Trend:Increase 102.96% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.68 (USD).Trend:Increase 36.44% than previous quarter

Overall: increasing (176.92%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2023 to Q3 2023 indicates substantial fluctuations across key metrics.  Liabilities and current assets on revenue show significant decreases, signifying a possible shift in working capital management.  Cost efficiency, notably the ratio of retained earnings to revenue, reveals substantial volatility.  SG&A expense ratio remained stable.  Invest efficiency demonstrates minimal change. Earning per share exhibits substantial variation, culminating in a notable increase.