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 68.74 (%).Trend:Increase 179.77% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.48 (%).Trend:Decrease 51.29% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 23.48 (%).Trend:Decrease 29.87% than previous quarter

Overall: decreasing (-65.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 135.08 (%).Trend:Increase 201.92% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 63.0 (%).Trend:Decrease 53.36% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 36.92 (%).Trend:Decrease 41.4% than previous quarter

Overall: decreasing (-72.67%). 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 246.14 (%).Trend:Increase 220.12% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 125.83 (%).Trend:Decrease 48.88% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 85.97 (%).Trend:Decrease 31.68% than previous quarter

Overall: decreasing (-65.07%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.16 (%).Trend:Increase 1.68% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.15 (%).Trend:Decrease 0.05% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.27 (%).Trend:Increase 5.3% than previous quarter

Overall: increasing (5.25%). 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 24.82 (%).Trend:Increase 13.54% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 25.52 (%).Trend:Increase 2.82% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 25.9 (%).Trend:Increase 1.49% than previous quarter

Overall: increasing (4.35%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.0 (USD).Trend:Decrease 84.21% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 66.67% than previous quarter
Year 2023 Quarter 3: Earning Per Share 6.0 (USD).Trend:Increase 20.0% than previous quarter

Overall: increasing (100.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 reveal significant fluctuations. Liabilities and current assets on revenue exhibit substantial decreases following initial increases.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also shows considerable fluctuations. SG&A expense ratio exhibits a slight overall increase. Investment efficiency demonstrates a steady growth in retained earnings on assets. Earnings per share have shown volatility, increasing in the latter part of the period.