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 174.35 (%).Trend:Increase 229.65% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 79.44 (%).Trend:Decrease 54.44% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 55.03 (%).Trend:Decrease 30.73% than previous quarter

Overall: decreasing (-68.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 320.84 (%).Trend:Increase 205.18% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 153.42 (%).Trend:Decrease 52.18% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 105.24 (%).Trend:Decrease 31.4% than previous quarter

Overall: decreasing (-67.2%). 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 184.3 (%).Trend:Increase 238.85% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 96.6 (%).Trend:Decrease 47.59% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 69.5 (%).Trend:Decrease 28.05% than previous quarter

Overall: decreasing (-62.29%). 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 25.67 (%).Trend:Increase 11.08% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.26 (%).Trend:Increase 6.19% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 28.48 (%).Trend:Increase 4.48% than previous quarter

Overall: increasing (10.95%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.35 (USD).Trend:Decrease 68.5% than previous quarter
Year 2023 Quarter 2: Earning Per Share 4.56 (USD).Trend:Increase 94.04% than previous quarter
Year 2023 Quarter 3: Earning Per Share 7.02 (USD).Trend:Increase 53.95% than previous quarter

Overall: increasing (198.72%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 display significant volatility in most metrics.  Liabilities and current assets on revenue show a decreasing trend with large fluctuations.  The retained earnings-to-revenue ratio demonstrates substantial volatility, decreasing sharply between quarters.  Investment efficiency, as measured by retained earnings on assets, maintains a small, steady increase. Earnings per share shows a decrease then an increase, then a further increase across the reporting period, displaying substantial variation. The data highlight significant volatility that may warrant further investigation.