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 203.92 (%).Trend:Increase 248.7% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 101.3 (%).Trend:Decrease 50.32% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 63.74 (%).Trend:Decrease 37.08% than previous quarter

Overall: decreasing (-68.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 183.89 (%).Trend:Increase 223.24% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 90.82 (%).Trend:Decrease 50.61% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 63.74 (%).Trend:Decrease 29.82% than previous quarter

Overall: decreasing (-65.34%). 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 -79.29 (%).Trend:Increase 167.06% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -34.23 (%).Trend:Decrease 56.83% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -20.62 (%).Trend:Decrease 39.76% than previous quarter

Overall: increasing (-73.99%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.6 (%).Trend:Increase 6.0% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.22 (%).Trend:Decrease 2.79% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.09 (%).Trend:Decrease 0.98% than previous quarter

Overall: decreasing (-3.75%). 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 -26.95 (%).Trend:Decrease 17.23% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -23.87 (%).Trend:Decrease 11.43% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -21.01 (%).Trend:Decrease 11.98% than previous quarter

Overall: increasing (-22.04%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.8 (USD).Trend:Decrease 64.76% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.71 (USD).Trend:Increase 113.75% than previous quarter
Year 2023 Quarter 3: Earning Per Share 2.62 (USD).Trend:Increase 53.22% than previous quarter

Overall: increasing (227.5%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 show significant volatility across key financial indicators. Working capital efficiency, measured by liabilities and current assets on revenue, indicates a decreasing trend, although with substantial fluctuations. Cost efficiency, as indicated by the ratio of retained earnings to revenue, depicts a declining trend, but with significant variations.  Selling, general, and administrative expenses show a slight overall decrease. Investment efficiency, reflected by retained earnings on assets, exhibits a mostly declining trend with significant variations. Earnings per share demonstrated considerable fluctuations, ending with an increase overall.