Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 30.06 (%).Trend:Increase 22.79% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 92.19 (%).Trend:Increase 206.69% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 22.99 (%).Trend:Decrease 75.06% than previous quarter

Overall: decreasing (-23.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 71.3 (%).Trend:Decrease 26.89% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 256.85 (%).Trend:Increase 260.24% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 87.94 (%).Trend:Decrease 65.76% than previous quarter

Overall: increasing (23.34%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 144.29 (%).Trend:Decrease 28.06% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 414.65 (%).Trend:Increase 187.37% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 161.52 (%).Trend:Decrease 61.05% than previous quarter

Overall: increasing (11.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.94 (%).Trend:Increase 2.41% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.36 (%).Trend:Increase 7.07% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.77 (%).Trend:Increase 6.45% than previous quarter

Overall: increasing (13.97%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 67.69 (%).Trend:Increase 0.94% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 61.6 (%).Trend:Decrease 9.0% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 67.81 (%).Trend:Increase 10.08% than previous quarter

Overall: increasing (0.18%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 5.96 (USD).Trend:Increase 38.93% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.94 (USD).Trend:Decrease 67.45% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.63 (USD).Trend:Increase 138.66% than previous quarter

Overall: decreasing (-22.32%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q3 2023 reveal significant fluctuations in key financial metrics. Working capital efficiency is volatile; liabilities on revenue are decreasing, while current assets are increasing overall, but with considerable quarter-to-quarter variations. Cost efficiency is increasing but highly variable. SG&A expenses show a small increase, suggesting consistent operational costs.  Investment efficiency is stable. Earnings per share are decreasing, with notable volatility.