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 117.18 (%).Trend:Increase 174.43% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 56.64 (%).Trend:Decrease 51.66% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 42.54 (%).Trend:Decrease 24.89% than previous quarter

Overall: decreasing (-63.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 109.92 (%).Trend:Increase 197.72% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 53.26 (%).Trend:Decrease 51.55% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 41.75 (%).Trend:Decrease 21.61% than previous quarter

Overall: decreasing (-62.02%). 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 2.77 (%).Trend:Increase 59.2% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 2.05 (%).Trend:Decrease 25.99% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 0.48 (%).Trend:Decrease 76.59% than previous quarter

Overall: decreasing (-82.67%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.64 (%).Trend:Decrease 7.99% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.04 (%).Trend:Increase 7.09% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.39 (%).Trend:Increase 5.79% than previous quarter

Overall: increasing (13.3%). 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 0.93 (%).Trend:Decrease 40.76% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 1.31 (%).Trend:Increase 40.86% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 0.42 (%).Trend:Decrease 67.94% than previous quarter

Overall: decreasing (-54.84%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.89 (USD).Trend:Decrease 61.11% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.42 (USD).Trend:Increase 80.95% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.69 (USD).Trend:Increase 37.13% than previous quarter

Overall: increasing (148.15%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2023 reveal significant volatility across several key metrics.  Liabilities on revenue and current assets on revenue both decreased significantly from Q1 to Q3. The ratio of retained earnings to revenue decreased drastically throughout the period.  Selling, general, and administrative (SG&A) expense ratio, however, showed a slight increase. Investment efficiency and earnings per share both showed significant decreases and increases, respectively, across the three quarters.