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 135.22 (%).Trend:Increase 211.64% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 78.56 (%).Trend:Decrease 41.9% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 27.69 (%).Trend:Decrease 64.75% than previous quarter

Overall: decreasing (-79.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 193.03 (%).Trend:Increase 229.91% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 91.65 (%).Trend:Decrease 52.52% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 61.64 (%).Trend:Decrease 32.74% than previous quarter

Overall: decreasing (-68.07%). 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 609.24 (%).Trend:Increase 227.39% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 302.19 (%).Trend:Decrease 50.4% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 204.28 (%).Trend:Decrease 32.4% than previous quarter

Overall: decreasing (-66.47%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.25 (%).Trend:Increase 7.08% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.9 (%).Trend:Decrease 4.46% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.99 (%).Trend:Increase 0.31% than previous quarter

Overall: decreasing (-4.17%). 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 87.77 (%).Trend:Decrease 5.41% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 90.85 (%).Trend:Increase 3.51% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 92.93 (%).Trend:Increase 2.29% than previous quarter

Overall: increasing (5.88%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 84.47% than previous quarter
Year 2023 Quarter 2: Earning Per Share 4.0 (USD).Trend:Increase 300.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 6.0 (USD).Trend:Increase 50.0% than previous quarter

Overall: increasing (500.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 reveal significant downward trends in several key metrics. Liabilities and current assets on revenue both decreased substantially, showing a significant overall negative trend. The ratio of retained earnings to revenue also shows a substantial decrease.  SG&A expense ratios exhibit little change, while investment efficiency demonstrates a steady upward trend, contrasting with the substantial decline seen in other areas. Earning per share initially fell dramatically but then recovered and increased in the final quarter.