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 77.97 (%).Trend:Increase 248.7% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 36.62 (%).Trend:Decrease 53.03% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 29.42 (%).Trend:Decrease 19.66% than previous quarter

Overall: decreasing (-62.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 84.84 (%).Trend:Increase 227.44% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 35.74 (%).Trend:Decrease 57.87% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 28.38 (%).Trend:Decrease 20.59% than previous quarter

Overall: decreasing (-66.55%). 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 125.35 (%).Trend:Increase 387.17% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 67.77 (%).Trend:Decrease 45.94% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 48.9 (%).Trend:Decrease 27.84% than previous quarter

Overall: decreasing (-60.99%). 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 20.12 (%).Trend:Increase 19.05% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 21.15 (%).Trend:Increase 5.12% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 22.83 (%).Trend:Increase 7.94% than previous quarter

Overall: increasing (13.47%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 85.71% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (300.0%). Fluctuation: **Significant** (high variation).



The financial statements for Q1 to Q3 2023 show substantial volatility.  Liabilities on revenue decreased from 77.97% in Q1 to 29.42% in Q3, a significant -62.27% overall decrease.  Current assets on revenue also decreased substantially, from 84.84% to 28.38% over the same period (-66.55%).  The ratio of retained earnings to revenue declined from 125.35% in Q1 to 48.9% in Q3 (-60.99%). However, retained earnings on assets increased steadily, from 20.12% to 22.83%.  Earnings per share experienced a substantial increase (300%).