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 28.02 (%).Trend:Increase 239.23% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 10.35 (%).Trend:Decrease 63.06% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 7.42 (%).Trend:Decrease 28.31% than previous quarter

Overall: decreasing (-73.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 315.68 (%).Trend:Increase 208.43% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 157.79 (%).Trend:Decrease 50.02% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 114.26 (%).Trend:Decrease 27.59% than previous quarter

Overall: decreasing (-63.81%). 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 536.82 (%).Trend:Increase 186.85% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 267.86 (%).Trend:Decrease 50.1% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 183.94 (%).Trend:Decrease 31.33% than previous quarter

Overall: decreasing (-65.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.22 (%).Trend:Increase 0.32% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.02 (%).Trend:Decrease 3.22% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.95 (%).Trend:Decrease 1.16% than previous quarter

Overall: decreasing (-4.34%). 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 92.45 (%).Trend:Decrease 1.15% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 93.71 (%).Trend:Increase 1.36% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 93.53 (%).Trend:Decrease 0.19% than previous quarter

Overall: increasing (1.17%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.01 (USD).Trend:Decrease 50.74% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.47 (USD).Trend:Increase 114.95% than previous quarter
Year 2023 Quarter 3: Earning Per Share 10.11 (USD).Trend:Increase 56.26% than previous quarter

Overall: increasing (235.88%). Fluctuation: **Significant** (high variation).



The financial statements show significant fluctuations in working capital efficiency metrics for Q1-Q3 2023. Liabilities on revenue increased dramatically in Q1, then decreased significantly in Q2 and Q3, indicating instability.  Current assets on revenue also saw a substantial increase in Q1, followed by significant decreases in subsequent quarters.  Cost efficiency, measured by the ratio of retained earnings to revenue, also experienced large fluctuations, decreasing overall.  SG&A expense ratios decreased steadily throughout the period.  Investment efficiency, measured by retained earnings on assets, showed small fluctuations overall, with a slight increase.  Earnings per share, however, saw considerable volatility, with a large decrease in Q1, then significant increases in Q2 and Q3.