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 90.8 (%).Trend:Increase 213.97% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 44.55 (%).Trend:Decrease 50.94% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 28.94 (%).Trend:Decrease 35.04% than previous quarter

Overall: decreasing (-68.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 158.54 (%).Trend:Increase 195.78% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 81.21 (%).Trend:Decrease 48.78% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 54.17 (%).Trend:Decrease 33.3% than previous quarter

Overall: decreasing (-65.83%). 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 -54.68 (%).Trend:Increase 184.2% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -25.0 (%).Trend:Decrease 54.28% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -16.14 (%).Trend:Decrease 35.44% than previous quarter

Overall: increasing (-70.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.36 (%).Trend:Increase 7.36% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.68 (%).Trend:Increase 1.84% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.7 (%).Trend:Increase 0.11% than previous quarter

Overall: increasing (1.96%). 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 -15.22 (%).Trend:Decrease 2.31% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -13.73 (%).Trend:Decrease 9.79% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -13.37 (%).Trend:Decrease 2.62% than previous quarter

Overall: increasing (-12.16%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.32 (USD).Trend:Decrease 25.58% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.81 (USD).Trend:Increase 153.13% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.2 (USD).Trend:Increase 48.15% than previous quarter

Overall: increasing (275.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2023 reveal highly volatile trends. Liabilities and current assets on revenue showed substantial increases and decreases, indicating significant working capital fluctuations. Cost efficiency metrics, particularly the ratio of retained earnings to revenue, exhibit substantial variation. Investment efficiency displayed a consistent decreasing trend in retained earnings on assets, while earnings per share showed a substantial increase with fluctuations.  The data suggests a need for further analysis to pinpoint the causes of these wide-ranging financial fluctuations.