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 25.09 (%).Trend:Decrease 32.54% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 56.61 (%).Trend:Increase 125.63% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 36.38 (%).Trend:Decrease 35.74% than previous quarter

Overall: increasing (45.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 37.2 (%).Trend:Decrease 23.93% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 52.28 (%).Trend:Increase 40.54% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 35.83 (%).Trend:Decrease 31.47% than previous quarter

Overall: decreasing (-3.68%). Fluctuation: **Neutral** (moderate 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 30.72 (%).Trend:Increase 14.41% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 107.1 (%).Trend:Increase 248.63% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 77.86 (%).Trend:Decrease 27.3% than previous quarter

Overall: increasing (153.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 14.43 (%).Trend:Increase 62.87% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 18.22 (%).Trend:Increase 26.26% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 20.78 (%).Trend:Increase 14.05% than previous quarter

Overall: increasing (44.01%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 8.0 (USD).Trend:Increase 51.52% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Decrease 75.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (-50.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q3 2023 indicate substantial volatility.  Liabilities on revenue fluctuate significantly, displaying increases and decreases. Current assets on revenue show a slight overall decrease, though fluctuating.  Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a large increase but notable fluctuations.  Investment efficiency exhibits a moderate increase, remaining relatively stable. Earnings per share decreased in Q2 2023, then increased in Q3 2023, demonstrating high volatility. The data suggests periods of significant instability across financial metrics.