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 81.07 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 40.09 (%).Trend:Decrease 50.55% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 26.22 (%).Trend:Decrease 34.6% than previous quarter

Overall: decreasing (-67.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 82.07 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 39.8 (%).Trend:Decrease 51.5% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 27.79 (%).Trend:Decrease 30.18% than previous quarter

Overall: decreasing (-66.14%). 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 0.52 (%).Trend:Decrease 100.0% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 1.12 (%).Trend:Increase 115.38% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 2.19 (%).Trend:Increase 95.54% than previous quarter

Overall: increasing (321.15%). 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 0.16 (%).Trend:Decrease 98.31% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 0.68 (%).Trend:Increase 325.0% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 1.98 (%).Trend:Increase 191.18% than previous quarter

Overall: increasing (1137.5%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.13 (USD).Trend:Decrease 98.03% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.41 (USD).Trend:Increase 215.38% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.14 (USD).Trend:Increase 178.05% than previous quarter

Overall: increasing (776.92%). Fluctuation: **Significant** (high variation).



Financial statements for 2023 Q1-Q3 reveal substantial, albeit varying, changes in key financial metrics. Working capital efficiency shows large decreases in liabilities and current assets on revenue, highlighting significant volatility.  Cost efficiency demonstrates a strong upward trend in the ratio of retained earnings to revenue.  Investment efficiency and earnings per share show even greater variability, increasing dramatically, then declining.  The overall pattern reveals substantial fluctuations, implying a need for deeper investigation into the underlying factors.