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 183.38 (%).Trend:Increase 216.94% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 85.26 (%).Trend:Decrease 53.51% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 59.36 (%).Trend:Decrease 30.38% than previous quarter

Overall: decreasing (-67.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 213.38 (%).Trend:Increase 180.28% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 96.52 (%).Trend:Decrease 54.77% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 64.67 (%).Trend:Decrease 33.0% than previous quarter

Overall: decreasing (-69.69%). 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 201.24 (%).Trend:Increase 183.28% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 105.0 (%).Trend:Decrease 47.82% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 72.3 (%).Trend:Decrease 31.14% than previous quarter

Overall: decreasing (-64.07%). 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 26.2 (%).Trend:Increase 3.43% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 27.22 (%).Trend:Increase 3.89% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 26.03 (%).Trend:Decrease 4.37% than previous quarter

Overall: decreasing (-0.65%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.09 (USD).Trend:Decrease 211.15% than previous quarter
Year 2023 Quarter 2: Earning Per Share 7.85 (USD).Trend:Increase 154.05% than previous quarter
Year 2023 Quarter 3: Earning Per Share 6.44 (USD).Trend:Decrease 17.96% than previous quarter

Overall: increasing (108.41%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2023 show significant volatility in several key areas. Working capital efficiency, measured by liabilities and current assets on revenue, displays a declining trend overall with high quarterly variability. Cost efficiency, as reflected by the ratio of retained earnings to revenue, also shows a negative overall trend but with significant fluctuations. Investment efficiency, as measured by retained earnings on assets, shows a minor decrease overall with little quarterly change. Earnings per share display a mix of positive and negative trends across the three quarters with significant overall fluctuations.