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 80.57 (%).Trend:Increase 225.01% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 44.7 (%).Trend:Decrease 44.52% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 44.27 (%).Trend:Decrease 0.96% than previous quarter

Overall: decreasing (-45.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 92.39 (%).Trend:Increase 277.72% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 45.52 (%).Trend:Decrease 50.73% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 34.51 (%).Trend:Decrease 24.19% than previous quarter

Overall: decreasing (-62.65%). 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 -154.14 (%).Trend:Increase 107.18% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -58.15 (%).Trend:Decrease 62.27% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -34.29 (%).Trend:Decrease 41.03% than previous quarter

Overall: increasing (-77.75%). 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 -19.76 (%).Trend:Decrease 57.38% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -13.45 (%).Trend:Decrease 31.93% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -10.84 (%).Trend:Decrease 19.41% than previous quarter

Overall: increasing (-45.14%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 4.01 (USD).Trend:Decrease 47.65% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.85 (USD).Trend:Increase 45.89% than previous quarter
Year 2023 Quarter 3: Earning Per Share 6.01 (USD).Trend:Increase 2.74% than previous quarter

Overall: increasing (49.88%). Fluctuation: **Neutral** (moderate variation).



Financial statements from Q1 to Q3 2023 show significant volatility in working capital and cost efficiency. Liabilities and current assets on revenue decreased overall but experienced substantial quarter-to-quarter fluctuations. The ratio of retained earnings to revenue increased, despite substantial quarterly variations.  Investment efficiency also shows an overall increase, though with significant volatility. Earnings per share show an overall increase but with high quarterly variation.