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 52.28 (%).Trend:Increase 183.36% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 24.98 (%).Trend:Decrease 52.22% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 16.5 (%).Trend:Decrease 33.95% than previous quarter

Overall: decreasing (-68.44%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 250.93 (%).Trend:Increase 194.14% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 122.78 (%).Trend:Decrease 51.07% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 78.83 (%).Trend:Decrease 35.8% than previous quarter

Overall: decreasing (-68.58%). 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 449.03 (%).Trend:Increase 225.5% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 234.44 (%).Trend:Decrease 47.79% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 160.82 (%).Trend:Decrease 31.4% than previous quarter

Overall: decreasing (-64.19%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.64 (%).Trend:Increase 11.95% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.38 (%).Trend:Decrease 9.17% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.39 (%).Trend:Decrease 4.42% than previous quarter

Overall: decreasing (-13.19%). 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 67.94 (%).Trend:Increase 7.13% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 70.95 (%).Trend:Increase 4.43% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 74.42 (%).Trend:Increase 4.89% than previous quarter

Overall: increasing (9.54%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share -0.19 (USD).Trend:Decrease 107.25% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.77 (USD).Trend:Decrease 505.26% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.79 (USD).Trend:Increase 132.47% than previous quarter

Overall: increasing (-1042.11%). Fluctuation: **Significant** (high variation).



The financial statements for Q1-Q3 2023 show significant fluctuations in most key areas. Liabilities and current assets on revenue both decreased with high volatility. Cost efficiency, indicated by the ratio of retained earnings to revenue, declined substantially. The selling, general, and administrative (SG&A) expense ratio exhibited a slight downward trend.  Investment efficiency showed a positive trend with a stable increase in retained earnings on assets. Earnings per share, however, displays extreme volatility with large decreases followed by an increase. The overall financial picture is one of significant variability and uncertainty.