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 21.81 (%).Trend:Increase 127.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 12.85 (%).Trend:Decrease 41.08% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 9.12 (%).Trend:Decrease 29.03% than previous quarter

Overall: decreasing (-58.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 36.76 (%).Trend:Increase 135.19% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 20.79 (%).Trend:Decrease 43.44% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 14.54 (%).Trend:Decrease 30.06% than previous quarter

Overall: decreasing (-60.45%). 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 10.27 (%).Trend:Increase 149.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 5.95 (%).Trend:Decrease 42.06% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 4.2 (%).Trend:Decrease 29.41% than previous quarter

Overall: decreasing (-59.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.38 (%).Trend:Decrease 3.62% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.12 (%).Trend:Decrease 1.81% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.16 (%).Trend:Increase 0.28% than previous quarter

Overall: decreasing (-1.53%). 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 13.01 (%).Trend:Increase 0.93% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 13.35 (%).Trend:Increase 2.61% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 13.47 (%).Trend:Increase 0.9% than previous quarter

Overall: increasing (3.54%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.33 (USD).Trend:Decrease 65.62% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.9 (USD).Trend:Increase 172.73% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.22 (USD).Trend:Increase 35.56% than previous quarter

Overall: increasing (269.7%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2023 show considerable volatility.  Liabilities on revenue and current assets on revenue both decreased significantly.  Cost efficiency demonstrates a marked decrease in the retained earnings-to-revenue ratio, with large fluctuations. The SG&A expense ratio, however, shows a slight downward trend. Investment efficiency exhibits modest growth in retained earnings on assets. Earnings per share displays a pattern of decrease followed by substantial increase in Q2 and Q3, 2023.  Overall, the data reveals significant volatility in numerous key financial indicators.