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 36.96 (%).Trend:Increase 233.27% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 16.87 (%).Trend:Decrease 54.36% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 12.5 (%).Trend:Decrease 25.9% than previous quarter

Overall: decreasing (-66.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 106.04 (%).Trend:Increase 276.3% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 45.8 (%).Trend:Decrease 56.81% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 30.19 (%).Trend:Decrease 34.08% than previous quarter

Overall: decreasing (-71.53%). 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 86.19 (%).Trend:Increase 349.84% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 44.01 (%).Trend:Decrease 48.94% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 30.91 (%).Trend:Decrease 29.77% than previous quarter

Overall: decreasing (-64.14%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.15 (%).Trend:Increase 43.19% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.84 (%).Trend:Decrease 3.39% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.63 (%).Trend:Decrease 2.38% than previous quarter

Overall: decreasing (-5.68%). Fluctuation: **Little** (low variation).


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 27.54 (%).Trend:Increase 5.96% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 29.6 (%).Trend:Increase 7.48% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 31.27 (%).Trend:Increase 5.64% than previous quarter

Overall: increasing (13.54%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.4 (USD).Trend:Decrease 89.17% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.36 (USD).Trend:Increase 140.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 5.2 (USD).Trend:Increase 54.76% than previous quarter

Overall: increasing (271.43%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 showcase a challenging financial climate.  Working capital efficiency declined significantly in all three quarters, with liabilities on revenue decreasing and current assets on revenue showing a downward trend.  Cost efficiency, as indicated by the ratio of retained earnings to revenue, experienced dramatic drops and rises across the period, suggesting significant instability.  SG&A expense ratios decreased slightly throughout the period, indicating a potentially stable cost management strategy.  Investment efficiency continued to rise, while earnings per share increased significantly, though with considerable volatility.