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 59.38 (%).Trend:Increase 181.96% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 29.36 (%).Trend:Decrease 50.56% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 19.28 (%).Trend:Decrease 34.33% than previous quarter

Overall: decreasing (-67.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 127.47 (%).Trend:Increase 229.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 69.49 (%).Trend:Decrease 45.49% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 48.14 (%).Trend:Decrease 30.72% than previous quarter

Overall: decreasing (-62.23%). 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 149.58 (%).Trend:Increase 247.21% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 79.65 (%).Trend:Decrease 46.75% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 56.91 (%).Trend:Decrease 28.55% than previous quarter

Overall: decreasing (-61.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.5 (%).Trend:Decrease 2.24% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.76 (%).Trend:Increase 1.93% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.78 (%).Trend:Increase 0.15% than previous quarter

Overall: increasing (2.07%). 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 40.26 (%).Trend:Increase 12.49% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 42.34 (%).Trend:Increase 5.17% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 44.37 (%).Trend:Increase 4.79% than previous quarter

Overall: increasing (10.21%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 4.31 (USD).Trend:Decrease 66.12% than previous quarter
Year 2023 Quarter 2: Earning Per Share 9.51 (USD).Trend:Increase 120.65% than previous quarter
Year 2023 Quarter 3: Earning Per Share 14.81 (USD).Trend:Increase 55.73% than previous quarter

Overall: increasing (243.62%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2023 highlight significant fluctuations. Working capital efficiency (liabilities and current assets on revenue) shows consistent decreases. Cost efficiency, particularly the ratio of retained earnings to revenue, displays marked volatility.  Selling, General, and Administrative (SG&A) expenses show a minor increase. Investment efficiency exhibits a stable upward trend in retained earnings on assets. Earnings per share show substantial fluctuations, with a large decrease in Q1 followed by significant increases in Q2 and Q3.