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 351.81 (%).Trend:Increase 238.51% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 162.82 (%).Trend:Decrease 53.72% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 104.59 (%).Trend:Decrease 35.76% than previous quarter

Overall: decreasing (-70.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 440.24 (%).Trend:Increase 285.33% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 203.79 (%).Trend:Decrease 53.71% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 122.55 (%).Trend:Decrease 39.86% than previous quarter

Overall: decreasing (-72.16%). 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 620.38 (%).Trend:Increase 294.72% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 287.16 (%).Trend:Decrease 53.71% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 184.61 (%).Trend:Decrease 35.71% than previous quarter

Overall: decreasing (-70.24%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.64 (%).Trend:Decrease 10.98% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.23 (%).Trend:Decrease 2.62% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.49 (%).Trend:Decrease 4.86% than previous quarter

Overall: decreasing (-7.35%). 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 51.65 (%).Trend:Increase 13.02% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 52.05 (%).Trend:Increase 0.77% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 54.27 (%).Trend:Increase 4.27% than previous quarter

Overall: increasing (5.07%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 6.76 (USD).Trend:Decrease 439.7% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.74 (USD).Trend:Decrease 0.3% than previous quarter
Year 2023 Quarter 3: Earning Per Share 6.98 (USD).Trend:Increase 3.56% than previous quarter

Overall: increasing (3.25%). Fluctuation: **Little** (low variation).



Financial statements from Q1 2023 to Q3 2023 show a mixed financial health. Liabilities and current assets on revenue display substantial, volatile decreases indicating potential improvements in working capital management, but with significant fluctuations.  Cost efficiency, as measured by the retained earnings to revenue ratio, also shows a significant downward trend with fluctuations.  SG&A expense ratio displays a consistent downward trend, suggesting cost management, but with little variation.  Investment efficiency demonstrates a consistent upward trend with a stable increase in retained earnings on assets. Earnings per share show a consistent upward trend, but with significant fluctuations.