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 78.89 (%).Trend:Increase 161.14% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 39.72 (%).Trend:Decrease 49.65% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 25.31 (%).Trend:Decrease 36.28% than previous quarter

Overall: decreasing (-67.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 182.58 (%).Trend:Increase 238.49% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 102.31 (%).Trend:Decrease 43.96% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 105.71 (%).Trend:Increase 3.32% than previous quarter

Overall: decreasing (-42.1%). 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 431.78 (%).Trend:Increase 353.46% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 199.32 (%).Trend:Decrease 53.84% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 158.11 (%).Trend:Decrease 20.68% than previous quarter

Overall: decreasing (-63.38%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.0 (%).Trend:Increase 32.01% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.68 (%).Trend:Decrease 14.5% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.52 (%).Trend:Decrease 1.17% than previous quarter

Overall: decreasing (-15.5%). 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 71.53 (%).Trend:Increase 13.06% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 73.1 (%).Trend:Increase 2.19% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 80.25 (%).Trend:Increase 9.78% than previous quarter

Overall: increasing (12.19%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 92.86% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 400.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 11.0 (USD).Trend:Increase 120.0% than previous quarter

Overall: increasing (1000.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2023 show high volatility. Working capital efficiency, with liabilities and current assets on revenue, exhibits considerable decreases.  Cost efficiency, indicated by the ratio of retained earnings to revenue, also shows a substantial overall decrease.  Selling, General & Administrative (SG&A) expenses show a slight overall decrease. Investment efficiency displays a constant increase with limited variation. Earnings per share demonstrates a substantial overall increase, despite significant fluctuations across the quarters.