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 31.25 (%).Trend:Increase 64.21% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 22.46 (%).Trend:Decrease 28.13% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 17.68 (%).Trend:Decrease 21.28% than previous quarter

Overall: decreasing (-43.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 165.15 (%).Trend:Increase 192.72% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 96.15 (%).Trend:Decrease 41.78% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 66.88 (%).Trend:Decrease 30.44% than previous quarter

Overall: decreasing (-59.5%). 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 165.58 (%).Trend:Increase 292.93% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 88.61 (%).Trend:Decrease 46.49% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 57.84 (%).Trend:Decrease 34.73% than previous quarter

Overall: decreasing (-65.07%). 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 66.16 (%).Trend:Increase 25.64% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 59.76 (%).Trend:Decrease 9.67% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 57.13 (%).Trend:Decrease 4.4% than previous quarter

Overall: decreasing (-13.65%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 75.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 33.33% than previous quarter

Overall: increasing (100.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2023 to Q3 2023 exhibit mixed trends. Liabilities on revenue and current assets on revenue both show decreasing overall trends (-43.42% and -59.5%, respectively), but with considerable volatility. Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a substantial decrease (-65.07%), displaying considerable fluctuation.  Investment efficiency shows a slight decrease (-13.65%) with less variation, and earnings per share increase (100%) with a significant upswing.