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 1701.34 (%).Trend:Increase 236.45% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 946.18 (%).Trend:Decrease 44.39% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 674.34 (%).Trend:Decrease 28.73% than previous quarter

Overall: decreasing (-60.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 889.26 (%).Trend:Increase 284.45% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 468.4 (%).Trend:Decrease 47.33% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 297.88 (%).Trend:Decrease 36.4% than previous quarter

Overall: decreasing (-66.5%). 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 -7334.9 (%).Trend:Increase 260.22% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -3873.26 (%).Trend:Decrease 47.19% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -3061.11 (%).Trend:Decrease 20.97% than previous quarter

Overall: increasing (-58.27%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 130.87 (%).Trend:Increase 19.84% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 140.62 (%).Trend:Increase 7.45% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 153.7 (%).Trend:Increase 9.3% than previous quarter

Overall: increasing (17.44%). 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 -27.98 (%).Trend:Increase 4.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -28.57 (%).Trend:Increase 2.11% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -29.9 (%).Trend:Increase 4.66% than previous quarter

Overall: decreasing (6.86%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.97 (USD).Trend:Increase 0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.02 (USD).Trend:Increase 108.25% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.63 (USD).Trend:Increase 30.2% than previous quarter

Overall: increasing (171.13%). Fluctuation: **Significant** (high variation).



Analyzing Q1-Q3 2023 financial statements, working capital efficiency shows a decline in liabilities and current assets on revenue, indicating potential improvement in liquidity. However, fluctuations are significant. Cost efficiency shows an overall increase in the SG&A expense ratio, while the ratio of retained earnings to revenue increased overall but with significant fluctuation. Investment efficiency demonstrates a consistent decline in retained earnings on assets, also exhibiting significant volatility.  Earning per share demonstrates substantial growth in 2023.