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 66.9 (%).Trend:Increase 198.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 38.04 (%).Trend:Decrease 43.14% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 25.94 (%).Trend:Decrease 31.81% than previous quarter

Overall: decreasing (-61.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 131.23 (%).Trend:Increase 221.48% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 70.87 (%).Trend:Decrease 46.0% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 47.32 (%).Trend:Decrease 33.23% than previous quarter

Overall: decreasing (-63.94%). 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 19.12 (%).Trend:Increase 272.71% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 10.05 (%).Trend:Decrease 47.44% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 5.9 (%).Trend:Decrease 41.29% than previous quarter

Overall: decreasing (-69.14%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.17 (%).Trend:Increase 12.76% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.6 (%).Trend:Increase 1.34% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.34 (%).Trend:Decrease 0.8% than previous quarter

Overall: increasing (0.53%). 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 11.27 (%).Trend:Increase 15.95% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 11.0 (%).Trend:Decrease 2.4% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 9.61 (%).Trend:Decrease 12.64% than previous quarter

Overall: decreasing (-14.73%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.15 (USD).Trend:Decrease 75.53% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.15 (USD).Trend:Increase 86.96% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.06 (USD).Trend:Increase 42.33% than previous quarter

Overall: increasing (166.09%). Fluctuation: **Significant** (high variation).



Financial performance for Q1 2023 to Q3 2023 shows significant fluctuation in working capital efficiency metrics. Liabilities on revenue and current assets on revenue both decreased significantly, though with large quarterly swings.  Cost efficiency, measured by the ratio of retained earnings to revenue, also exhibited a substantial decline with high volatility.  Selling, General, and Administrative (SG&A) expenses increased slightly overall. Investment efficiency, tracked by retained earnings on assets, decreased slightly overall.  Earnings per share (EPS) increased substantially overall, though with notable quarterly changes.