Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 3: Liabilities on Revenue 18.14 (%).Trend:Decrease 28.24% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 50.64 (%).Trend:Increase 179.16% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 25.73 (%).Trend:Decrease 49.19% than previous quarter

Overall: increasing (41.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 50.12 (%).Trend:Decrease 33.08% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 130.33 (%).Trend:Increase 160.04% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 70.21 (%).Trend:Decrease 46.13% than previous quarter

Overall: increasing (40.08%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 58.27 (%).Trend:Decrease 34.31% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 144.49 (%).Trend:Increase 147.97% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 82.93 (%).Trend:Decrease 42.61% than previous quarter

Overall: increasing (42.32%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 3: Retained Earning on Assets 64.77 (%).Trend:Increase 1.78% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 64.17 (%).Trend:Decrease 0.93% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 64.29 (%).Trend:Increase 0.19% than previous quarter

Overall: decreasing (-0.74%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.33 (USD).Trend:Increase 51.14% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 71.43% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.49 (USD).Trend:Increase 292.11% than previous quarter

Overall: increasing (12.03%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 indicate significant variability in various financial metrics. Liabilities on revenue decreased in Q3 2022, increased dramatically in Q1 2023, and then fell again in Q2 2023.  Current assets on revenue show a similar pattern of high volatility, peaking in Q1 2023 before decreasing in subsequent quarters. Cost efficiency, as measured by the ratio of retained earnings to revenue, also demonstrates large swings, reaching a high in Q1 2023 before falling in Q2.  Investment efficiency, on the other hand, shows relative stability in retained earnings on assets. Earnings per share show significant fluctuations, with an initial rise in Q3 2022 followed by a large drop and rebound in Q2 2023.