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 73.07 (%).Trend:Increase 73.89% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 25.09 (%).Trend:Decrease 65.66% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 22.12 (%).Trend:Decrease 11.84% than previous quarter

Overall: decreasing (-69.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 155.49 (%).Trend:Increase 106.69% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 72.48 (%).Trend:Decrease 53.39% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 54.98 (%).Trend:Decrease 24.14% than previous quarter

Overall: decreasing (-64.64%). 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 60.87 (%).Trend:Increase 170.17% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 35.66 (%).Trend:Decrease 41.42% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 25.1 (%).Trend:Decrease 29.61% than previous quarter

Overall: decreasing (-58.76%). 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 34.15 (%).Trend:Increase 30.74% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 42.39 (%).Trend:Increase 24.13% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 38.82 (%).Trend:Decrease 8.42% than previous quarter

Overall: increasing (13.67%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 3.51 (USD).Trend:Increase 24.47% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.84 (USD).Trend:Increase 94.87% than previous quarter
Year 2023 Quarter 3: Earning Per Share 8.42 (USD).Trend:Increase 23.1% than previous quarter

Overall: increasing (139.89%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2023 to Q3 2023 show substantial fluctuation in almost all metrics. Liabilities on revenue decreased sharply from Q1 to Q2 2023 before showing another slight decrease in Q3 2023. Current assets on revenue also show a significant and volatile decline. Cost efficiency, as measured by the retained earnings ratio, shows a substantial decrease.  Investment efficiency shows an overall increase, though with a minor decrease in Q3. Earnings per share demonstrate a significant increase over the reporting period, but with significant quarter-to-quarter volatility.