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 67.39 (%).Trend:Increase 196.48% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 32.98 (%).Trend:Decrease 51.06% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.19 (%).Trend:Decrease 29.68% than previous quarter

Overall: decreasing (-65.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 107.63 (%).Trend:Increase 179.92% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 59.76 (%).Trend:Decrease 44.48% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 33.48 (%).Trend:Decrease 43.98% than previous quarter

Overall: decreasing (-68.89%). 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 93.13 (%).Trend:Increase 187.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 48.56 (%).Trend:Decrease 47.86% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 31.98 (%).Trend:Decrease 34.14% than previous quarter

Overall: decreasing (-65.66%). 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 35.14 (%).Trend:Increase 5.4% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 35.6 (%).Trend:Increase 1.31% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 34.4 (%).Trend:Decrease 3.37% than previous quarter

Overall: decreasing (-2.11%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.04 (USD).Trend:Decrease 62.45% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.32 (USD).Trend:Increase 123.08% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.55 (USD).Trend:Increase 9.91% than previous quarter

Overall: increasing (145.19%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 reveal substantial volatility. Liabilities and current assets on revenue decreased considerably after a sharp increase in Q1 2023.  Cost efficiency, as measured by the ratio of retained earnings to revenue, demonstrates a similar pattern. Investment efficiency remained relatively stable, with a steady increase in retained earnings on assets. Earnings per share experienced a steep decline in Q1 2023, followed by significant increases in Q2 and Q3 2023.