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 324.87 (%).Trend:Increase 214.31% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 151.31 (%).Trend:Decrease 53.42% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 103.36 (%).Trend:Decrease 31.69% than previous quarter

Overall: decreasing (-68.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 201.54 (%).Trend:Increase 141.02% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 96.76 (%).Trend:Decrease 51.99% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 75.62 (%).Trend:Decrease 21.85% than previous quarter

Overall: decreasing (-62.48%). 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 -183.16 (%).Trend:Increase 304.06% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -90.57 (%).Trend:Decrease 50.55% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -56.96 (%).Trend:Decrease 37.11% than previous quarter

Overall: increasing (-68.9%). 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 -25.94 (%).Trend:Increase 53.76% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -26.5 (%).Trend:Increase 2.16% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -24.32 (%).Trend:Decrease 8.23% than previous quarter

Overall: increasing (-6.25%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.67 (USD).Trend:Decrease 63.98% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.53 (USD).Trend:Increase 128.36% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.44 (USD).Trend:Increase 59.48% than previous quarter

Overall: increasing (264.18%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2023 to Q3 2023 exhibit notable volatility.  Liabilities and current assets on revenue show a decreasing trend, especially in Q3 2023.  The ratio of retained earnings to revenue reveals a complex pattern, while retained earnings on assets display a slight upward trend with fluctuations.  Earnings per share increase significantly in Q3 2023, offsetting the decline in earlier quarters.  Further investigation into the factors driving these trends is necessary to understand the overall financial health and potential risks of the company.