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 38.82 (%).Trend:Increase 222.69% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 20.41 (%).Trend:Decrease 47.42% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 15.32 (%).Trend:Decrease 24.94% than previous quarter

Overall: decreasing (-60.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 60.36 (%).Trend:Increase 187.84% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 26.02 (%).Trend:Decrease 56.89% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 19.13 (%).Trend:Decrease 26.48% than previous quarter

Overall: decreasing (-68.31%). 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 96.32 (%).Trend:Increase 246.6% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 47.72 (%).Trend:Decrease 50.46% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 30.97 (%).Trend:Decrease 35.1% than previous quarter

Overall: decreasing (-67.85%). 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 33.54 (%).Trend:Decrease 4.06% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 33.41 (%).Trend:Decrease 0.39% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 32.32 (%).Trend:Decrease 3.26% than previous quarter

Overall: decreasing (-3.64%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.37 (USD).Trend:Decrease 75.36% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.14 (USD).Trend:Increase 56.2% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.51 (USD).Trend:Increase 17.29% than previous quarter

Overall: increasing (83.21%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2023 to Q3 2023 reveal a generally negative trend in working capital efficiency. Liabilities and current assets on revenue decrease. Cost efficiency (ratio of retained earnings to revenue) exhibits substantial decreases,  Investment efficiency is decreasing steadily. Earning per share demonstrates a significant overall increase.