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 73.95 (%).Trend:Increase 169.5% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 38.02 (%).Trend:Decrease 48.59% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 26.45 (%).Trend:Decrease 30.43% than previous quarter

Overall: decreasing (-64.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 19.91 (%).Trend:Increase 139.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 10.34 (%).Trend:Decrease 48.07% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 7.51 (%).Trend:Decrease 27.37% than previous quarter

Overall: decreasing (-62.28%). 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 -51.05 (%).Trend:Increase 130.58% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -24.31 (%).Trend:Decrease 52.38% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -15.94 (%).Trend:Decrease 34.43% than previous quarter

Overall: increasing (-68.78%). 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 -19.66 (%).Trend:Decrease 13.92% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -17.8 (%).Trend:Decrease 9.46% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -16.54 (%).Trend:Decrease 7.08% than previous quarter

Overall: increasing (-15.87%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.02 (USD).Trend:Increase 108.16% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.8 (USD).Trend:Increase 76.47% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.3 (USD).Trend:Increase 27.78% than previous quarter

Overall: increasing (125.49%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2023 show substantial fluctuations. Liabilities on revenue decreased significantly throughout the period, while current assets followed a similar trend. Cost efficiency shows a notable and increasing negative trend in the retained earnings-to-revenue ratio. Investment efficiency displays a slight overall upward trend in retained earnings on assets. Earnings per share significantly increased over the three quarters.