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 101.74 (%).Trend:Increase 261.94% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 52.14 (%).Trend:Decrease 48.75% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 32.45 (%).Trend:Decrease 37.76% than previous quarter

Overall: decreasing (-68.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 154.51 (%).Trend:Increase 209.08% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 76.23 (%).Trend:Decrease 50.66% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 47.36 (%).Trend:Decrease 37.87% than previous quarter

Overall: decreasing (-69.35%). 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 193.13 (%).Trend:Increase 232.3% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 102.54 (%).Trend:Decrease 46.91% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 70.64 (%).Trend:Decrease 31.11% than previous quarter

Overall: decreasing (-63.42%). 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 51.44 (%).Trend:Decrease 3.63% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 51.94 (%).Trend:Increase 0.97% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 54.3 (%).Trend:Increase 4.54% than previous quarter

Overall: increasing (5.56%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.71 (USD).Trend:Decrease 88.13% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.27 (USD).Trend:Increase 78.87% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.82 (USD).Trend:Increase 43.31% than previous quarter

Overall: increasing (156.34%). Fluctuation: **Significant** (high variation).



The financial statements for Q1 2023 to Q3 2023 show a negative trend in working capital efficiency, with significant decreases in liabilities and current assets on revenue.  Cost efficiency, as measured by the retained earnings ratio, also declines substantially, while invest efficiency shows modest upward fluctuations. Earnings per share display notable increases and decreases, exhibiting significant variation.