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 24.6 (%).Trend:Increase 123.03% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 11.95 (%).Trend:Decrease 51.42% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 7.66 (%).Trend:Decrease 35.9% than previous quarter

Overall: decreasing (-68.86%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 118.83 (%).Trend:Increase 231.28% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 61.92 (%).Trend:Decrease 47.89% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 42.37 (%).Trend:Decrease 31.57% than previous quarter

Overall: decreasing (-64.34%). 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 187.43 (%).Trend:Increase 261.21% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 98.17 (%).Trend:Decrease 47.62% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 68.22 (%).Trend:Decrease 30.51% than previous quarter

Overall: decreasing (-63.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.42 (%).Trend:Increase 16.54% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.59 (%).Trend:Increase 1.04% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.82 (%).Trend:Increase 1.39% than previous quarter

Overall: increasing (2.44%). 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 72.84 (%).Trend:Increase 6.76% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 73.77 (%).Trend:Increase 1.28% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 74.56 (%).Trend:Increase 1.07% than previous quarter

Overall: increasing (2.36%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 6.51 (USD).Trend:Decrease 73.26% than previous quarter
Year 2023 Quarter 2: Earning Per Share 13.07 (USD).Trend:Increase 100.77% than previous quarter
Year 2023 Quarter 3: Earning Per Share 18.13 (USD).Trend:Increase 38.71% than previous quarter

Overall: increasing (178.49%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2023 to Q3 2023 show significant fluctuations. Liabilities and current assets on revenue decreased overall but with high volatility, potentially impacting liquidity. The retained earnings ratio to revenue decreased sharply, displaying high variation. SG&A expense ratio remains steady, increasing slightly. Investment efficiency is consistent with increases in retained earnings on assets. Earnings per share rose overall with considerable variation.