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 83.98 (%).Trend:Increase 175.52% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 41.08 (%).Trend:Decrease 51.08% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 26.26 (%).Trend:Decrease 36.08% than previous quarter

Overall: decreasing (-68.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 190.45 (%).Trend:Increase 192.33% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 93.99 (%).Trend:Decrease 50.65% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 59.49 (%).Trend:Decrease 36.71% than previous quarter

Overall: decreasing (-68.76%). 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 156.12 (%).Trend:Increase 184.84% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 80.29 (%).Trend:Decrease 48.57% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 55.96 (%).Trend:Decrease 30.3% than previous quarter

Overall: decreasing (-64.16%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.72 (%).Trend:Decrease 5.72% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.88 (%).Trend:Increase 0.6% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.56 (%).Trend:Increase 2.53% than previous quarter

Overall: increasing (3.14%). 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 43.37 (%).Trend:Decrease 0.73% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 45.46 (%).Trend:Increase 4.82% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 49.25 (%).Trend:Increase 8.34% than previous quarter

Overall: increasing (13.56%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.32 (USD).Trend:Decrease 42.61% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.02 (USD).Trend:Increase 128.79% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.25 (USD).Trend:Increase 40.73% than previous quarter

Overall: increasing (221.97%). Fluctuation: **Significant** (high variation).



Q1-Q3 2023 financial statements display substantial volatility.  Working capital efficiency shows a decline in liabilities and current assets on revenue, though with large quarterly variations. Cost efficiency demonstrates a decrease in the retained earnings to revenue ratio with significant volatility. SG&A expense ratio experiences a modest increase. Investment efficiency and retained earnings on assets show a positive trend. Earnings per share exhibit a substantial increase, although with substantial quarterly swings.