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 46.22 (%).Trend:Increase 154.52% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 24.53 (%).Trend:Decrease 46.93% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 20.79 (%).Trend:Decrease 15.25% than previous quarter

Overall: decreasing (-55.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 79.75 (%).Trend:Increase 209.11% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 46.12 (%).Trend:Decrease 42.17% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 37.54 (%).Trend:Decrease 18.6% than previous quarter

Overall: decreasing (-52.93%). 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 30.06 (%).Trend:Increase 316.34% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 21.49 (%).Trend:Decrease 28.51% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 18.8 (%).Trend:Decrease 12.52% than previous quarter

Overall: decreasing (-37.46%). Fluctuation: **Neutral** (moderate 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 18.08 (%).Trend:Increase 49.3% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 23.56 (%).Trend:Increase 30.31% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 27.54 (%).Trend:Increase 16.89% than previous quarter

Overall: increasing (52.32%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 90.84% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.33 (USD).Trend:Increase 478.26% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.61 (USD).Trend:Increase 96.24% than previous quarter

Overall: increasing (1034.78%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2023 show substantial volatility in key metrics. Liabilities and current assets on revenue decreased significantly and erratically.  Cost efficiency (retained earnings ratio) also decreased over the quarter, with moderate fluctuations. Investment efficiency showed a positive trend with stable gains in retained earnings on assets. Earnings per share experienced dramatic growth, though with considerable variation.