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 32.28 (%).Trend:Increase 120.34% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 20.06 (%).Trend:Decrease 37.86% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 15.64 (%).Trend:Decrease 22.03% than previous quarter

Overall: decreasing (-51.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 111.02 (%).Trend:Increase 168.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 52.55 (%).Trend:Decrease 52.67% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 36.15 (%).Trend:Decrease 31.21% than previous quarter

Overall: decreasing (-67.44%). 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 332.5 (%).Trend:Increase 195.37% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 192.52 (%).Trend:Decrease 42.1% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 139.06 (%).Trend:Decrease 27.77% than previous quarter

Overall: decreasing (-58.18%). 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 16.23 (%).Trend:Increase 10.56% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 17.6 (%).Trend:Increase 8.44% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 18.55 (%).Trend:Increase 5.4% than previous quarter

Overall: increasing (14.29%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.97 (USD).Trend:Decrease 65.11% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.94 (USD).Trend:Increase 100.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.69 (USD).Trend:Increase 38.66% than previous quarter

Overall: increasing (177.32%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2023 show large fluctuations in working capital. Liabilities on revenue decreased from 32.28% to 15.64%, while current assets on revenue fell from 111.02% to 36.15%.  Cost efficiency, measured by the ratio of retained earnings to revenue, decreased by -58.18% with high variation. Investment efficiency saw a modest increase (14.29%) in retained earnings on assets, showing little fluctuation. Earnings per share increased significantly (177.32%) but with high variation. The data indicates significant instability in working capital and cost efficiency, yet a steady investment efficiency and rising earnings per share.