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 246.1 (%).Trend:Increase 198.01% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 119.02 (%).Trend:Decrease 51.64% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 81.78 (%).Trend:Decrease 31.29% than previous quarter

Overall: decreasing (-66.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 269.69 (%).Trend:Increase 185.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 137.1 (%).Trend:Decrease 49.16% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 93.52 (%).Trend:Decrease 31.79% than previous quarter

Overall: decreasing (-65.32%). 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 140.04 (%).Trend:Increase 204.43% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 68.7 (%).Trend:Decrease 50.94% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 47.57 (%).Trend:Decrease 30.76% than previous quarter

Overall: decreasing (-66.03%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.95 (%).Trend:Decrease 0.43% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.55 (%).Trend:Decrease 5.76% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.29 (%).Trend:Decrease 3.97% than previous quarter

Overall: decreasing (-9.5%). 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 19.22 (%).Trend:Increase 4.51% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 19.4 (%).Trend:Increase 0.94% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 19.99 (%).Trend:Increase 3.04% than previous quarter

Overall: increasing (4.01%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.7 (USD).Trend:Decrease 64.29% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.53 (USD).Trend:Increase 107.65% than previous quarter
Year 2023 Quarter 3: Earning Per Share 5.74 (USD).Trend:Increase 62.61% than previous quarter

Overall: increasing (237.65%). Fluctuation: **Significant** (high variation).



The financial statements reveal significant fluctuations in working capital efficiency. Liabilities on revenue decreased from Q1 2023 to Q3 2023, but with considerable volatility.  Current assets on revenue also decreased significantly with large swings. Cost efficiency shows a consistent decrease in the SG&A expense ratio, with limited variation.  The ratio of retained earnings to revenue exhibits substantial declines over the three quarters.  Investment efficiency shows a stable increase in retained earnings on assets. Earnings per share saw substantial growth, with notable quarter-to-quarter variations.  These patterns indicate significant instability in financial performance.