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 73.76 (%).Trend:Increase 284.97% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.18 (%).Trend:Decrease 55.02% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 39.15 (%).Trend:Increase 17.99% than previous quarter

Overall: decreasing (-46.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 122.33 (%).Trend:Increase 284.32% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 57.83 (%).Trend:Decrease 52.73% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 40.89 (%).Trend:Decrease 29.29% than previous quarter

Overall: decreasing (-66.57%). 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 297.44 (%).Trend:Increase 430.86% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 173.87 (%).Trend:Decrease 41.54% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 121.77 (%).Trend:Decrease 29.96% than previous quarter

Overall: decreasing (-59.06%). 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 24.21 (%).Trend:Increase 18.85% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 24.81 (%).Trend:Increase 2.48% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 25.38 (%).Trend:Increase 2.3% than previous quarter

Overall: increasing (4.83%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.88 (USD).Trend:Decrease 76.72% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.16 (USD).Trend:Increase 31.82% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.59 (USD).Trend:Increase 37.07% than previous quarter

Overall: increasing (80.68%). Fluctuation: **Significant** (high variation).



The financial statements reveal substantial volatility in working capital efficiency. Liabilities on revenue decreased overall but with significant quarter-to-quarter fluctuations, while current assets on revenue also decreased substantially and significantly.  Cost efficiency, with the ratio of retained earnings to revenue showing a significant decrease, indicates potential challenges in profitability and cost management.  However, investment efficiency, as gauged by retained earnings on assets, demonstrates relatively stable growth.  Earnings per share show a significant overall increase, though with substantial variation, suggesting a potential upward trend, but with significant quarter-to-quarter variability.