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 108.72 (%).Trend:Increase 77.13% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 62.44 (%).Trend:Decrease 42.57% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 50.66 (%).Trend:Decrease 18.87% than previous quarter

Overall: decreasing (-53.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 186.5 (%).Trend:Increase 118.82% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 102.51 (%).Trend:Decrease 45.03% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 79.25 (%).Trend:Decrease 22.69% than previous quarter

Overall: decreasing (-57.51%). 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 75.49 (%).Trend:Increase 310.72% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 36.54 (%).Trend:Decrease 51.6% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 25.64 (%).Trend:Decrease 29.83% than previous quarter

Overall: decreasing (-66.04%). 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 20.27 (%).Trend:Increase 40.08% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 19.34 (%).Trend:Decrease 4.59% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 19.05 (%).Trend:Decrease 1.5% than previous quarter

Overall: decreasing (-6.02%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.78 (USD).Trend:Decrease 75.78% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.23 (USD).Trend:Increase 57.69% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.98 (USD).Trend:Increase 60.98% than previous quarter

Overall: increasing (153.85%). Fluctuation: **Significant** (high variation).



Financial statements from Q1-Q3 2023 paint a mixed picture.  Significant variability is evident in most metrics.  Working capital efficiency, with liabilities and current assets on revenue declining significantly, signals potential cash flow or liquidity issues.  Cost efficiency, represented by the ratio of retained earnings to revenue, is declining sharply, highlighting profitability concerns.  Conversely, earnings per share are increasing, although the fluctuation is substantial.  Overall, a focus on improving working capital and cost efficiency is crucial to address underlying financial issues.