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 86.72 (%).Trend:Increase 196.38% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 44.18 (%).Trend:Decrease 49.05% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 41.92 (%).Trend:Decrease 5.12% than previous quarter

Overall: decreasing (-51.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 402.91 (%).Trend:Increase 161.22% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 205.76 (%).Trend:Decrease 48.93% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 145.6 (%).Trend:Decrease 29.24% than previous quarter

Overall: decreasing (-63.86%). 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 692.51 (%).Trend:Increase 171.9% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 334.56 (%).Trend:Decrease 51.69% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 237.55 (%).Trend:Decrease 29.0% than previous quarter

Overall: decreasing (-65.7%). 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 84.39 (%).Trend:Decrease 0.82% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 83.85 (%).Trend:Decrease 0.64% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 79.7 (%).Trend:Decrease 4.95% than previous quarter

Overall: decreasing (-5.56%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.83 (USD).Trend:Decrease 46.45% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.83 (USD).Trend:Increase 120.48% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 9.29% than previous quarter

Overall: increasing (140.96%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2023 show significant volatility in several key areas. Working capital efficiency, measured by liabilities and current assets on revenue, has decreased substantially.  Cost efficiency, as measured by the ratio of retained earnings to revenue, has dropped significantly, displaying significant fluctuation.  Investment efficiency, however, is relatively stable, with a modest decrease. Earnings per share increased overall, yet experienced considerable quarter-to-quarter changes, indicating potential challenges.