Working Capital Efficiency
The data from Quater 1 in 2023 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 20219.44 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 10239.02 (%).Trend:Decrease 49.36% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 6789.74 (%).Trend:Decrease 33.69% than previous quarter

Overall: decreasing (-66.42%). 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 93.39 (%).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 96.28 (%).Trend:Increase 3.09% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 97.43 (%).Trend:Increase 1.19% than previous quarter

Overall: increasing (4.33%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.79 (USD).Trend:Increase 19.7% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.71 (USD).Trend:Increase 116.46% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.39 (USD).Trend:Increase 39.77% than previous quarter

Overall: increasing (202.53%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2023 to Q3 2023 shows fluctuating financial performance.  The ratio of retained earnings to revenue declined sharply, from 20219.44% to 10239.02% and then 6789.74%, indicating a -66.42% decrease with significant fluctuations. In contrast, retained earnings on assets rose steadily, from 93.39% to 96.28% and 97.43%, demonstrating a 4.33% overall increase with little fluctuation.  Earnings per share (EPS) increased significantly, from $0.79 to $1.71, and then to $2.39, showcasing a 202.53% overall increase with notable fluctuation.  The mixed performance requires further investigation into the factors driving these trends.