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 97.3 (%).Trend:Increase 167.75% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 57.13 (%).Trend:Decrease 41.28% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 37.16 (%).Trend:Decrease 34.96% than previous quarter

Overall: decreasing (-61.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 138.0 (%).Trend:Increase 213.42% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 71.54 (%).Trend:Decrease 48.16% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 43.47 (%).Trend:Decrease 39.24% than previous quarter

Overall: decreasing (-68.5%). 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 167.11 (%).Trend:Increase 219.09% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 74.32 (%).Trend:Decrease 55.53% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 48.2 (%).Trend:Decrease 35.15% than previous quarter

Overall: decreasing (-71.16%). 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 54.74 (%).Trend:Increase 7.59% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 38.29 (%).Trend:Decrease 30.05% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 39.57 (%).Trend:Increase 3.34% than previous quarter

Overall: decreasing (-27.71%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.2 (USD).Trend:Decrease 34.33% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 36.36% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.13 (USD).Trend:Increase 37.67% than previous quarter

Overall: increasing (87.73%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 reveal a general downward trend in working capital and cost efficiency, although earnings per share show an increase.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased significantly and volatile. Investment efficiency showed a slightly downward trend.  Earnings per share, however, experienced a substantial increase in Q3 2023.