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 112.99 (%).Trend:Increase 187.8% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 55.34 (%).Trend:Decrease 51.02% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 37.36 (%).Trend:Decrease 32.49% than previous quarter

Overall: decreasing (-66.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2023 Quarter 1: Current assets on Revenue 192.64 (%).Trend:Increase 202.94% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 90.02 (%).Trend:Decrease 53.27% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 61.84 (%).Trend:Decrease 31.3% than previous quarter

Overall: decreasing (-67.9%). 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 118.32 (%).Trend:Increase 208.37% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 54.41 (%).Trend:Decrease 54.01% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 38.16 (%).Trend:Decrease 29.87% than previous quarter

Overall: decreasing (-67.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.67 (%).Trend:Increase 13.82% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.36 (%).Trend:Decrease 2.27% than previous quarter
Year 2023 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.74 (%).Trend:Increase 2.84% than previous quarter

Overall: increasing (0.51%). 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 23.62 (%).Trend:Increase 1.9% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 23.32 (%).Trend:Decrease 1.27% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 24.43 (%).Trend:Increase 4.76% than previous quarter

Overall: increasing (3.43%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2023 Quarter 1: Earning Per Share 0.45 (USD).Trend:Decrease 88.34% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.68 (USD).Trend:Increase 51.11% than previous quarter
Year 2023 Quarter 3: Earning Per Share 1.11 (USD).Trend:Increase 63.24% than previous quarter

Overall: increasing (146.67%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2023 show substantial fluctuations in working capital efficiency, cost efficiency, and earnings per share.  Liabilities and current assets on revenue decreased significantly.  The ratio of retained earnings to revenue also experienced a substantial decrease. However, SG&A expenses remain relatively stable. Investment efficiency, as measured by retained earnings on assets, increased consistently, offering some stability. Earnings per share show significant fluctuations, with both substantial increases and decreases over the three-quarter period.