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 62.2 (%).Trend:Increase 235.13% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 29.02 (%).Trend:Decrease 53.34% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 20.02 (%).Trend:Decrease 31.01% than previous quarter

Overall: decreasing (-67.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 82.91 (%).Trend:Increase 238.96% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 39.16 (%).Trend:Decrease 52.77% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 26.67 (%).Trend:Decrease 31.89% than previous quarter

Overall: decreasing (-67.83%). 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 104.61 (%).Trend:Increase 304.84% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 54.07 (%).Trend:Decrease 48.31% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 36.75 (%).Trend:Decrease 32.03% than previous quarter

Overall: decreasing (-64.87%). 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 47.58 (%).Trend:Increase 10.11% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 49.48 (%).Trend:Increase 3.99% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 50.32 (%).Trend:Increase 1.7% than previous quarter

Overall: increasing (5.76%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 2.93 (USD).Trend:Decrease 72.33% than previous quarter
Year 2023 Quarter 2: Earning Per Share 4.62 (USD).Trend:Increase 57.68% than previous quarter
Year 2023 Quarter 3: Earning Per Share 6.08 (USD).Trend:Increase 31.6% than previous quarter

Overall: increasing (107.51%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2023 demonstrate significant fluctuations across key metrics.  Liabilities and current assets on revenue decreased, but with significant quarter-to-quarter variations. Cost efficiency, measured by the ratio of retained earnings to revenue, also decreased substantially (-64.87%).  Investment efficiency showed a steady increase (5.76%).  Earnings per share, however, increased (107.51%) but with substantial volatility.