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 104.4 (%).Trend:Increase 202.08% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 49.38 (%).Trend:Decrease 52.7% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 36.0 (%).Trend:Decrease 27.1% than previous quarter

Overall: decreasing (-65.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 132.0 (%).Trend:Increase 206.05% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 64.14 (%).Trend:Decrease 51.41% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 44.42 (%).Trend:Decrease 30.75% than previous quarter

Overall: decreasing (-66.35%). 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 12.18 (%).Trend:Increase 270.21% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 6.65 (%).Trend:Decrease 45.4% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 4.75 (%).Trend:Decrease 28.57% than previous quarter

Overall: decreasing (-61.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.33 (%).Trend:Increase 2.36% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.55 (%).Trend:Increase 5.08% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.61 (%).Trend:Increase 1.32% than previous quarter

Overall: increasing (6.47%). 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 6.3 (%).Trend:Increase 20.92% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 6.94 (%).Trend:Increase 10.16% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 7.19 (%).Trend:Increase 3.6% than previous quarter

Overall: increasing (14.13%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 1.76 (USD).Trend:Decrease 60.71% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.18 (USD).Trend:Increase 80.68% than previous quarter
Year 2023 Quarter 3: Earning Per Share 4.67 (USD).Trend:Increase 46.86% than previous quarter

Overall: increasing (165.34%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 show considerable volatility. Liabilities and current assets on revenue show significant decreases, suggesting potential issues with liquidity.  Cost efficiency, measured by retained earnings to revenue, is decreasing overall, exhibiting a high degree of fluctuation.  Selling, General & Administrative (SG&A) expense ratio shows a stable increase. Investment efficiency displays a clear upward trend with low variation. Earnings per share experienced a substantial increase.