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 118.75 (%).Trend:Increase 211.68% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 56.64 (%).Trend:Decrease 52.3% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 32.91 (%).Trend:Decrease 41.9% than previous quarter

Overall: decreasing (-72.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 231.56 (%).Trend:Increase 226.23% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 120.24 (%).Trend:Decrease 48.07% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 70.68 (%).Trend:Decrease 41.22% than previous quarter

Overall: decreasing (-69.48%). 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 205.78 (%).Trend:Increase 220.18% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 104.54 (%).Trend:Decrease 49.2% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 71.03 (%).Trend:Decrease 32.05% than previous quarter

Overall: decreasing (-65.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.88 (%).Trend:Increase 18.68% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33.7 (%).Trend:Decrease 3.38% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.49 (%).Trend:Decrease 3.59% than previous quarter

Overall: decreasing (-6.85%). 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 33.25 (%).Trend:Decrease 21.6% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 33.37 (%).Trend:Increase 0.36% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 36.05 (%).Trend:Increase 8.03% than previous quarter

Overall: increasing (8.42%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.03 (USD).Trend:Decrease 86.45% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 94.17% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (288.35%). Fluctuation: **Significant** (high variation).



Finance statements for Q1 to Q3 2023 reveal a mixed picture of financial health. Liabilities on revenue decreased significantly from Q1 to Q3. Current assets on revenue similarly declined.  Cost efficiency (ratio of retained earnings to revenue) also decreased substantially.  SG&A expense ratio fell steadily.  Investment efficiency, however, showed slight increases in retained earnings on assets.  Earnings per share improved significantly over the three-quarter period.