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 highlight significant volatility.  Working capital efficiency, measured by liabilities and current assets on revenue, exhibited substantial declines throughout the period.  Cost efficiency, particularly the ratio of retained earnings to revenue, shows substantial instability.  SG&A expense ratios are slightly decreasing, though showing stable cost control.  Investment efficiency demonstrated a continued upward trend in retained earnings on assets. Earnings per share increased with volatility.