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 44.17 (%).Trend:Decrease 25.36% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 19.47 (%).Trend:Decrease 55.92% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 11.15 (%).Trend:Decrease 42.73% than previous quarter

Overall: decreasing (-74.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 178.04 (%).Trend:Increase 58.0% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 92.75 (%).Trend:Decrease 47.9% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 67.66 (%).Trend:Decrease 27.05% 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 -68.82 (%).Trend:Increase 88.34% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -30.06 (%).Trend:Decrease 56.32% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -21.07 (%).Trend:Decrease 29.91% than previous quarter

Overall: increasing (-69.38%). 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 -32.73 (%).Trend:Increase 13.76% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -27.64 (%).Trend:Decrease 15.55% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -26.62 (%).Trend:Decrease 3.69% than previous quarter

Overall: increasing (-18.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.74 (USD).Trend:Decrease 37.41% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.2 (USD).Trend:Increase 83.91% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 25.0% than previous quarter

Overall: increasing (129.89%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 reveal a decreasing trend in liabilities on revenue (-74.76%) and current assets on revenue (-62.0%).  The ratio of retained earnings to revenue shows an overall increasing trend (-69.38%).  Significant fluctuation is seen across all metrics.  Investment efficiency shows an increasing trend (-18.67%).  Earnings per share increased from Q1 to Q3 2023 (129.89%).