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 61.55 (%).Trend:Increase 213.87% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 26.97 (%).Trend:Decrease 56.18% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.07 (%).Trend:Decrease 29.29% than previous quarter

Overall: decreasing (-69.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 138.41 (%).Trend:Increase 240.58% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 65.42 (%).Trend:Decrease 52.73% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 42.63 (%).Trend:Decrease 34.84% than previous quarter

Overall: decreasing (-69.2%). 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 74.83 (%).Trend:Increase 222.68% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 37.35 (%).Trend:Decrease 50.09% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 26.35 (%).Trend:Decrease 29.45% than previous quarter

Overall: decreasing (-64.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.1 (%).Trend:Increase 4.25% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.82 (%).Trend:Decrease 3.46% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.87 (%).Trend:Increase 0.64% than previous quarter

Overall: decreasing (-2.84%). 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 21.34 (%).Trend:Increase 1.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 22.43 (%).Trend:Increase 5.11% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 23.89 (%).Trend:Increase 6.51% than previous quarter

Overall: increasing (11.95%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 50.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter

Overall: increasing (200.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 reveal significant variability across key metrics. Working capital efficiency, measured by liabilities and current assets on revenue, demonstrates a substantial decrease. Cost efficiency, specifically the retained earnings to revenue ratio, shows a sizable decrease. The SG&A expense ratio shows a slight downward trend. Investment efficiency reveals a continuous increase in retained earnings on assets. Earnings per share exhibit a pattern of increase and decrease.