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 104.4 (%).Trend:Increase 202.08% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 49.38 (%).Trend:Decrease 52.7% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 36.0 (%).Trend:Decrease 27.1% than previous quarter

Overall: decreasing (-65.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 132.0 (%).Trend:Increase 206.05% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 64.14 (%).Trend:Decrease 51.41% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 44.42 (%).Trend:Decrease 30.75% than previous quarter

Overall: decreasing (-66.35%). 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 12.18 (%).Trend:Increase 270.21% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 6.65 (%).Trend:Decrease 45.4% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 4.75 (%).Trend:Decrease 28.57% than previous quarter

Overall: decreasing (-61.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.33 (%).Trend:Increase 2.36% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.55 (%).Trend:Increase 5.08% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.61 (%).Trend:Increase 1.32% than previous quarter

Overall: increasing (6.47%). 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 6.3 (%).Trend:Increase 20.92% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 6.94 (%).Trend:Increase 10.16% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 7.19 (%).Trend:Increase 3.6% than previous quarter

Overall: increasing (14.13%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.76 (USD).Trend:Decrease 60.71% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.18 (USD).Trend:Increase 80.68% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.67 (USD).Trend:Increase 46.86% than previous quarter

Overall: increasing (165.34%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2023 to Q3 2023 show a mixed performance.  Liabilities and current assets on revenue both show a decreasing trend with significant fluctuation, indicating possible cash flow challenges. Cost efficiency, represented by the retained earnings to revenue ratio, also decreased substantially.  Selling, General & Administrative (SG&A) expense ratio shows a steady increase.  Investment efficiency demonstrates a slight upward trend with low fluctuation.  Earnings per share shows a significant increase.