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 75.89 (%).Trend:Increase 48.75% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.18 (%).Trend:Decrease 45.74% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 26.51 (%).Trend:Decrease 35.62% than previous quarter

Overall: decreasing (-65.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 142.97 (%).Trend:Increase 44.37% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 74.69 (%).Trend:Decrease 47.76% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 53.0 (%).Trend:Decrease 29.04% than previous quarter

Overall: decreasing (-62.93%). 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 58.03 (%).Trend:Increase 175.15% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 28.82 (%).Trend:Decrease 50.34% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 23.87 (%).Trend:Decrease 17.18% than previous quarter

Overall: decreasing (-58.87%). 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 6.98 (%).Trend:Increase 43.03% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 6.92 (%).Trend:Decrease 0.86% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 8.81 (%).Trend:Increase 27.31% than previous quarter

Overall: increasing (26.22%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.8 (USD).Trend:Increase 7900.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.27 (USD).Trend:Increase 58.75% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.42 (USD).Trend:Increase 90.55% than previous quarter

Overall: increasing (202.5%). Fluctuation: **Significant** (high variation).



The financial statements highlight substantial volatility in key performance indicators (KPIs) from Q1 to Q3 2023.  Working capital efficiency shows significant declines in both liabilities and current assets as a percentage of revenue, indicating potential liquidity concerns.  Cost efficiency, measured by the ratio of retained earnings to revenue, also displays considerable negative trends. Conversely, investment efficiency demonstrates a more stable increase, although fluctuations are still present. Earnings per share show substantial growth throughout the period, suggesting positive financial performance.  The overall picture suggests significant volatility across several key financial metrics.