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 76.88 (%).Trend:Increase 222.75% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 38.27 (%).Trend:Decrease 50.22% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 26.23 (%).Trend:Decrease 31.46% than previous quarter

Overall: decreasing (-65.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 420.03 (%).Trend:Increase 202.81% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 207.07 (%).Trend:Decrease 50.7% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 142.07 (%).Trend:Decrease 31.39% than previous quarter

Overall: decreasing (-66.18%). 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 95.16 (%).Trend:Increase 261.41% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 49.67 (%).Trend:Decrease 47.8% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 35.84 (%).Trend:Decrease 27.84% than previous quarter

Overall: decreasing (-62.34%). 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 14.7 (%).Trend:Increase 15.29% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 15.57 (%).Trend:Increase 5.92% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 16.64 (%).Trend:Increase 6.87% than previous quarter

Overall: increasing (13.2%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.29 (USD).Trend:Decrease 62.34% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.61 (USD).Trend:Increase 110.34% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.0 (USD).Trend:Increase 63.93% than previous quarter

Overall: increasing (244.83%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2023 reveal a trend of decreasing working capital efficiency. Liabilities and current assets on revenue both fell throughout the quarter, though with considerable variation. Cost efficiency, as measured by the ratio of retained earnings to revenue, also declined significantly. However, investment efficiency remained relatively stable, showcasing a consistent increase in retained earnings on assets.  Earnings per share increased noticeably from Q1 to Q3 2023, but with considerable fluctuation in the quarterly results. The results suggest a period of considerable volatility and potential challenges for the company.