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 70.05 (%).Trend:Increase 227.49% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.87 (%).Trend:Decrease 55.93% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.63 (%).Trend:Decrease 36.41% than previous quarter

Overall: decreasing (-71.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 146.35 (%).Trend:Increase 275.74% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 93.77 (%).Trend:Decrease 35.93% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 73.94 (%).Trend:Decrease 21.15% than previous quarter

Overall: decreasing (-49.48%). 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 -301.37 (%).Trend:Increase 169.75% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -129.06 (%).Trend:Decrease 57.18% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -69.15 (%).Trend:Decrease 46.42% than previous quarter

Overall: increasing (-77.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.14 (%).Trend:Increase 14.72% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.56 (%).Trend:Decrease 7.34% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.55 (%).Trend:Decrease 3.1% than previous quarter

Overall: decreasing (-10.22%). 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 -143.19 (%).Trend:Decrease 20.58% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -103.53 (%).Trend:Decrease 27.7% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -73.77 (%).Trend:Decrease 28.75% than previous quarter

Overall: increasing (-48.48%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 75.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 150.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 8.0 (USD).Trend:Increase 60.0% than previous quarter

Overall: increasing (300.0%). Fluctuation: **Significant** (high variation).



The financial statements show several key trends with high variability.  Working capital efficiency, measured by liabilities on revenue and current assets on revenue, shows large changes, with liabilities decreasing significantly and current assets also decreasing but with more variation. Cost efficiency, indicated by the ratio of retained earnings to revenue, displays significant increases (negative) with substantial volatility, while the SG&A expense ratio shows a smaller decrease with low fluctuation. Investment efficiency, based on retained earnings on assets, is increasing overall but with considerable fluctuation.  Earnings per share show significant growth and high variability.