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 117.64 (%).Trend:Increase 170.37% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 58.82 (%).Trend:Decrease 50.0% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 37.96 (%).Trend:Decrease 35.46% than previous quarter

Overall: decreasing (-67.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 276.35 (%).Trend:Increase 175.55% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 138.35 (%).Trend:Decrease 49.94% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 90.67 (%).Trend:Decrease 34.46% than previous quarter

Overall: decreasing (-67.19%). 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 -100.05 (%).Trend:Increase 139.87% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue -45.08 (%).Trend:Decrease 54.94% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue -27.79 (%).Trend:Decrease 38.35% than previous quarter

Overall: increasing (-72.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.53 (%).Trend:Decrease 4.91% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.83 (%).Trend:Decrease 4.82% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.56 (%).Trend:Decrease 1.95% than previous quarter

Overall: decreasing (-6.68%). 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 -19.29 (%).Trend:Decrease 12.6% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets -17.5 (%).Trend:Decrease 9.28% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets -16.52 (%).Trend:Decrease 5.6% than previous quarter

Overall: increasing (-14.36%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.32 (USD).Trend:Increase 146.15% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.72 (USD).Trend:Increase 125.0% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.01 (USD).Trend:Increase 40.28% than previous quarter

Overall: increasing (215.62%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2023 reveal significant volatility.  Working capital efficiency (liabilities and current assets on revenue) shows large decreases. Cost efficiency (retained earnings to revenue) increases with substantial fluctuation. SG&A expense ratios exhibit a minor decreasing trend, while investment efficiency and earnings per share show substantial increases, but with large fluctuations.