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 142.41 (%).Trend:Increase 207.71% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 65.52 (%).Trend:Decrease 53.99% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 41.24 (%).Trend:Decrease 37.06% than previous quarter

Overall: decreasing (-71.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 67.08 (%).Trend:Increase 230.28% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 29.05 (%).Trend:Decrease 56.69% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 20.48 (%).Trend:Decrease 29.5% than previous quarter

Overall: decreasing (-69.47%). 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 101.11 (%).Trend:Increase 182.51% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 50.17 (%).Trend:Decrease 50.38% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 34.41 (%).Trend:Decrease 31.41% than previous quarter

Overall: decreasing (-65.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.95 (%).Trend:Decrease 1.45% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.23 (%).Trend:Decrease 4.82% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.75 (%).Trend:Decrease 3.37% than previous quarter

Overall: decreasing (-8.03%). 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 14.71 (%).Trend:Increase 2.44% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 15.18 (%).Trend:Increase 3.2% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 16.31 (%).Trend:Increase 7.44% than previous quarter

Overall: increasing (10.88%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.14 (USD).Trend:Decrease 86.79% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.5 (USD).Trend:Increase 257.14% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.19 (USD).Trend:Increase 138.0% than previous quarter

Overall: increasing (750.0%). Fluctuation: **Significant** (high variation).



The financial statements cover working capital efficiency, cost efficiency, and investment efficiency for Q1-Q3 2023.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased significantly and fluctuated substantially. SG&A expense ratio also decreased with little fluctuation. Retained earning on assets increased slightly with little variation. Earnings per share increased substantially and fluctuated significantly. The data indicate considerable changes in financial performance within the three-quarter period.