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 38.82 (%).Trend:Increase 222.69% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 20.41 (%).Trend:Decrease 47.42% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 15.32 (%).Trend:Decrease 24.94% than previous quarter

Overall: decreasing (-60.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 60.36 (%).Trend:Increase 187.84% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 26.02 (%).Trend:Decrease 56.89% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 19.13 (%).Trend:Decrease 26.48% than previous quarter

Overall: decreasing (-68.31%). 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 96.32 (%).Trend:Increase 246.6% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 47.72 (%).Trend:Decrease 50.46% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 30.97 (%).Trend:Decrease 35.1% than previous quarter

Overall: decreasing (-67.85%). Fluctuation: **Significant** (high variation).

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

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 33.54 (%).Trend:Decrease 4.06% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 33.41 (%).Trend:Decrease 0.39% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 32.32 (%).Trend:Decrease 3.26% than previous quarter

Overall: decreasing (-3.64%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.37 (USD).Trend:Decrease 75.36% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.14 (USD).Trend:Increase 56.2% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.51 (USD).Trend:Increase 17.29% than previous quarter

Overall: increasing (83.21%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2023 to Q3 2023 highlight significant variations in financial performance metrics.  Liabilities and current assets on revenue show a downward trend with large quarterly fluctuations.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows a substantial overall decrease. Investment efficiency remains consistent. Earning per share increases overall, but with substantial quarterly variations.