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 68.81 (%).Trend:Increase 226.89% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 34.25 (%).Trend:Decrease 50.23% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 22.88 (%).Trend:Decrease 33.2% than previous quarter

Overall: decreasing (-66.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 59.32 (%).Trend:Increase 197.64% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 28.86 (%).Trend:Decrease 51.35% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 19.79 (%).Trend:Decrease 31.43% than previous quarter

Overall: decreasing (-66.64%). 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 57.4 (%).Trend:Increase 178.91% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 28.29 (%).Trend:Decrease 50.71% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 17.59 (%).Trend:Decrease 37.82% than previous quarter

Overall: decreasing (-69.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.96 (%).Trend:Increase 1.01% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.42 (%).Trend:Decrease 2.58% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.23 (%).Trend:Increase 3.97% than previous quarter

Overall: increasing (1.29%). 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 32.72 (%).Trend:Decrease 6.49% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 33.38 (%).Trend:Increase 2.02% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 31.47 (%).Trend:Decrease 5.72% than previous quarter

Overall: decreasing (-3.82%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.75 (USD).Trend:Decrease 79.22% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.62 (USD).Trend:Increase 249.33% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.0 (USD).Trend:Decrease 61.83% than previous quarter

Overall: increasing (33.33%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2023 indicate substantial negative trends in working capital and cost efficiency metrics.  Liabilities and current assets on revenue, as well as the retained earnings to revenue ratio, all experienced significant decreases over the three-quarter period. This suggests a decline in profitability and operational stability.  Conversely, the SG&A expense ratio displayed minor fluctuation, hinting at stable operational costs.  Investment efficiency, measured by retained earnings on assets, had minimal variation and a slight decline.  Earnings per share also showed considerable volatility.