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 50.35 (%).Trend:Increase 131.18% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 29.37 (%).Trend:Decrease 41.67% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 22.36 (%).Trend:Decrease 23.87% than previous quarter

Overall: decreasing (-55.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 176.7 (%).Trend:Increase 173.95% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 101.0 (%).Trend:Decrease 42.84% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 67.15 (%).Trend:Decrease 33.51% than previous quarter

Overall: decreasing (-62.0%). 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 -382.59 (%).Trend:Increase 126.37% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -186.71 (%).Trend:Decrease 51.2% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -111.94 (%).Trend:Decrease 40.05% than previous quarter

Overall: increasing (-70.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 50.21 (%).Trend:Decrease 7.96% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 51.33 (%).Trend:Increase 2.23% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 51.39 (%).Trend:Increase 0.12% than previous quarter

Overall: increasing (2.35%). 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 -91.28 (%).Trend:Decrease 7.62% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -84.36 (%).Trend:Decrease 7.58% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -78.83 (%).Trend:Decrease 6.56% than previous quarter

Overall: increasing (-13.64%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.28 (USD).Trend:Decrease 30.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.5 (USD).Trend:Increase 78.57% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.87 (USD).Trend:Increase 74.0% than previous quarter

Overall: increasing (210.71%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 show highly volatile trends. Liabilities on revenue decreased significantly. Current assets on revenue also experienced a substantial decrease.  Retained earnings on revenue show an overall increase, but with substantial variation.  SG&A expense ratio shows a slight increase, suggesting some stability in operating costs. Investment efficiency indicates a positive trend in retained earnings on assets, despite variation. Earnings per share saw a large increase but also significant swings, highlighting the volatile nature of profitability in the given period.