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 66.75 (%).Trend:Increase 131.85% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 38.57 (%).Trend:Decrease 42.22% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 27.63 (%).Trend:Decrease 28.36% than previous quarter

Overall: decreasing (-58.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 167.65 (%).Trend:Increase 171.23% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 88.57 (%).Trend:Decrease 47.17% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 61.11 (%).Trend:Decrease 31.0% than previous quarter

Overall: decreasing (-63.55%). 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 233.97 (%).Trend:Increase 182.3% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 116.66 (%).Trend:Decrease 50.14% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 79.28 (%).Trend:Decrease 32.04% than previous quarter

Overall: decreasing (-66.12%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.84 (%).Trend:Increase 8.14% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.17 (%).Trend:Decrease 2.93% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.71 (%).Trend:Decrease 2.07% than previous quarter

Overall: decreasing (-4.95%). 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 60.87 (%).Trend:Increase 0.41% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 60.06 (%).Trend:Decrease 1.33% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 61.26 (%).Trend:Increase 2.0% than previous quarter

Overall: increasing (0.64%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.43 (USD).Trend:Decrease 74.33% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.3 (USD).Trend:Increase 130.77% than previous quarter
Year 2023 Quarter 3: Earning Per Share 5.75 (USD).Trend:Increase 74.24% than previous quarter

Overall: increasing (302.1%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2023 shows mixed results.  Working capital efficiency is declining significantly due to both decreasing liabilities and current assets on revenue.  Cost efficiency, however, shows relatively stable SG&A expense ratio.  Investment efficiency reveals little fluctuation in retained earnings on assets.  Earnings per share show a substantial, though volatile, increase.  Significant variation is prevalent across all metrics except SG&A expense ratio.