Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 65.7 (%).Trend:Decrease 41.85% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 102.82 (%).Trend:Increase 56.5% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 64.45 (%).Trend:Decrease 37.32% than previous quarter

Overall: decreasing (-1.9%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 53.16 (%).Trend:Decrease 45.49% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 64.44 (%).Trend:Increase 21.22% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 46.28 (%).Trend:Decrease 28.18% than previous quarter

Overall: decreasing (-12.94%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 59.69 (%).Trend:Decrease 38.89% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 87.37 (%).Trend:Increase 46.37% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 57.63 (%).Trend:Decrease 34.04% than previous quarter

Overall: decreasing (-3.45%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 29.44 (%).Trend:Increase 2.79% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 29.66 (%).Trend:Increase 0.75% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 29.92 (%).Trend:Increase 0.88% than previous quarter

Overall: increasing (1.63%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance data from Q3 2022 to Q3 2023 reveals a mixed picture.  Liabilities on revenue are decreasing overall, but fluctuate significantly between quarters.  Current assets on revenue also show a negative overall trend with substantial quarterly variance.  The ratio of retained earnings to revenue exhibits a similar decreasing trend with moderate quarterly shifts.  Meanwhile, retained earnings on assets show a modest and fairly consistent increase.  Further analysis is required to fully understand the underlying drivers and implications of these trends.