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 143.37 (%).Trend:Increase 309.28% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 69.15 (%).Trend:Decrease 51.77% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 44.53 (%).Trend:Decrease 35.6% than previous quarter

Overall: decreasing (-68.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 162.4 (%).Trend:Increase 244.65% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 81.62 (%).Trend:Decrease 49.74% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 48.9 (%).Trend:Decrease 40.09% than previous quarter

Overall: decreasing (-69.89%). 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 388.33 (%).Trend:Increase 310.37% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 205.26 (%).Trend:Decrease 47.14% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 134.23 (%).Trend:Decrease 34.6% than previous quarter

Overall: decreasing (-65.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.54 (%).Trend:Increase 42.17% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.68 (%).Trend:Increase 3.95% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.58 (%).Trend:Decrease 2.72% than previous quarter

Overall: increasing (1.13%). 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 61.23 (%).Trend:Increase 3.55% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 62.08 (%).Trend:Increase 1.39% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 62.49 (%).Trend:Increase 0.66% than previous quarter

Overall: increasing (2.06%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.3 (USD).Trend:Decrease 84.85% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.41 (USD).Trend:Increase 85.38% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.4 (USD).Trend:Decrease 0.41% than previous quarter

Overall: increasing (84.62%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2023 show negative trends in working capital efficiency, and cost efficiency with significant fluctuations.  Liabilities and current assets on revenue decreased substantially.  The ratio of retained earnings to revenue also decreased considerably.  The selling, general, and administrative (SG&A) expense ratio shows a slight increase.  Investment efficiency demonstrates a steady rise with little fluctuation.  Earnings per share, despite overall growth, shows significant quarterly volatility.