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 43.63 (%).Trend:Increase 206.61% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 19.12 (%).Trend:Decrease 56.18% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 10.61 (%).Trend:Decrease 44.51% than previous quarter

Overall: decreasing (-75.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 85.53 (%).Trend:Increase 201.91% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 43.13 (%).Trend:Decrease 49.57% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 25.96 (%).Trend:Decrease 39.81% than previous quarter

Overall: decreasing (-69.65%). 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 77.27 (%).Trend:Increase 172.08% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 40.59 (%).Trend:Decrease 47.47% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 29.21 (%).Trend:Decrease 28.04% than previous quarter

Overall: decreasing (-62.2%). 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 25.48 (%).Trend:Increase 5.38% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.15 (%).Trend:Increase 6.55% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 29.6 (%).Trend:Increase 9.02% than previous quarter

Overall: increasing (16.17%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.21 (USD).Trend:Decrease 145.32% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.94 (USD).Trend:Increase 142.98% than previous quarter
Year 2023 Quarter 3: Earning Per Share 3.83 (USD).Trend:Increase 30.27% than previous quarter

Overall: increasing (216.53%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 show largely decreasing trends in working capital efficiency (liabilities and current assets on revenue), cost efficiency (retained earnings to revenue ratio), with substantial fluctuation.  Investment efficiency, however, shows a consistent increase in retained earnings on assets.  Earnings per share demonstrate a notable increase across the quarters.