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 182.2 (%).Trend:Increase 275.67% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 92.65 (%).Trend:Decrease 49.15% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 62.52 (%).Trend:Decrease 32.52% than previous quarter

Overall: decreasing (-65.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 108.83 (%).Trend:Increase 205.19% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 53.64 (%).Trend:Decrease 50.71% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 33.96 (%).Trend:Decrease 36.69% 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 403.33 (%).Trend:Increase 221.1% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 191.1 (%).Trend:Decrease 52.62% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 127.63 (%).Trend:Decrease 33.21% than previous quarter

Overall: decreasing (-68.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.78 (%).Trend:Increase 1.21% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.96 (%).Trend:Increase 1.07% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.48 (%).Trend:Increase 3.07% than previous quarter

Overall: increasing (4.17%). 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 61.17 (%).Trend:Increase 7.54% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 60.64 (%).Trend:Decrease 0.87% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 61.62 (%).Trend:Increase 1.62% than previous quarter

Overall: increasing (0.74%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.37 (USD).Trend:Decrease 55.81% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.38 (USD).Trend:Increase 73.72% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.32 (USD).Trend:Increase 39.5% than previous quarter

Overall: increasing (142.34%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2023 to Q3 2023 show several key trends. Liabilities on revenue and current assets on revenue both decrease considerably, albeit with notable fluctuations.  The ratio of retained earnings to revenue demonstrates a significant decrease.  Selling, general, and administrative (SG&A) expenses show a modest upward trend. Investment efficiency (retained earnings on assets) remains relatively consistent. Earnings per share show significant fluctuation, increasing overall.