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 131.65 (%).Trend:Increase 365.19% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 61.19 (%).Trend:Decrease 53.52% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 40.01 (%).Trend:Decrease 34.61% than previous quarter

Overall: decreasing (-69.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 291.69 (%).Trend:Increase 241.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 146.28 (%).Trend:Decrease 49.85% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 97.6 (%).Trend:Decrease 33.28% than previous quarter

Overall: decreasing (-66.54%). 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 246.27 (%).Trend:Increase 307.53% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 133.27 (%).Trend:Decrease 45.88% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 96.0 (%).Trend:Decrease 27.97% than previous quarter

Overall: decreasing (-61.02%). 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 39.32 (%).Trend:Increase 16.09% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 42.33 (%).Trend:Increase 7.66% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 45.07 (%).Trend:Increase 6.47% than previous quarter

Overall: increasing (14.62%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.07 (USD).Trend:Decrease 64.21% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.4 (USD).Trend:Increase 124.3% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.76 (USD).Trend:Increase 56.67% than previous quarter

Overall: increasing (251.4%). Fluctuation: **Significant** (high variation).



The financial statements from Q1 2023 to Q3 2023 reveal considerable fluctuations in various financial metrics. Liabilities and current assets on revenue decreased but with significant quarterly changes. Cost efficiency, specifically the ratio of retained earnings to revenue, also declined substantially, yet with high variation. Investment efficiency increased steadily, with little fluctuation. Earnings per share, conversely, showed a substantial increase, but with substantial quarterly variance. The data suggest volatile financial performance and potential risks.