Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 25.09 (%).Trend:Decrease 32.54% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 56.61 (%).Trend:Increase 125.63% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 36.38 (%).Trend:Decrease 35.74% than previous quarter

Overall: increasing (45.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 37.2 (%).Trend:Decrease 23.93% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 52.28 (%).Trend:Increase 40.54% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 35.83 (%).Trend:Decrease 31.47% than previous quarter

Overall: decreasing (-3.68%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 30.72 (%).Trend:Increase 14.41% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 107.1 (%).Trend:Increase 248.63% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 77.86 (%).Trend:Decrease 27.3% than previous quarter

Overall: increasing (153.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 14.43 (%).Trend:Increase 62.87% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 18.22 (%).Trend:Increase 26.26% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 20.78 (%).Trend:Increase 14.05% than previous quarter

Overall: increasing (44.01%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 8.0 (USD).Trend:Increase 51.52% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.0 (USD).Trend:Decrease 75.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (-50.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q3 2023 show considerable volatility in key financial metrics. Liabilities on revenue exhibit substantial fluctuations, increasing and decreasing.  Current assets on revenue show an overall decline, while fluctuating.  Cost efficiency, as measured by the ratio of retained earnings to revenue, demonstrates a significant overall increase, though with substantial fluctuations.  Investment efficiency demonstrates a moderate, consistent increase in retained earnings on assets.  Earnings per share show a substantial decrease in Q2 2023, followed by an increase in Q3 2023, exhibiting significant volatility. The data suggests a period of high financial instability.