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 107.72 (%).Trend:Increase 269.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 50.4 (%).Trend:Decrease 53.21% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 35.88 (%).Trend:Decrease 28.81% than previous quarter

Overall: decreasing (-66.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 248.81 (%).Trend:Increase 275.28% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 108.42 (%).Trend:Decrease 56.42% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 77.64 (%).Trend:Decrease 28.39% than previous quarter

Overall: decreasing (-68.8%). 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 511.51 (%).Trend:Increase 327.08% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 276.73 (%).Trend:Decrease 45.9% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 206.26 (%).Trend:Decrease 25.47% than previous quarter

Overall: decreasing (-59.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.49 (%).Trend:Decrease 4.22% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.79 (%).Trend:Increase 2.4% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.91 (%).Trend:Increase 8.76% than previous quarter

Overall: increasing (11.37%). 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 48.7 (%).Trend:Increase 9.32% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 50.8 (%).Trend:Increase 4.31% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 50.98 (%).Trend:Increase 0.35% than previous quarter

Overall: increasing (4.68%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 65.99% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.28 (USD).Trend:Increase 91.04% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.94 (USD).Trend:Increase 51.56% than previous quarter

Overall: increasing (189.55%). Fluctuation: **Significant** (high variation).



Analysis of financial statements across multiple periods shows significant volatility across all metrics.  Working capital, cost, and invest efficiency metrics show substantial increases and decreases.  SG&A expenses show minimal variation. Retained earnings on assets display a consistent upward trend.  Earning per share displays highly significant fluctuations.