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 19.03 (%).Trend:Decrease 21.3% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 31.25 (%).Trend:Increase 64.21% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 22.46 (%).Trend:Decrease 28.13% than previous quarter

Overall: increasing (18.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 56.42 (%).Trend:Decrease 24.6% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 165.15 (%).Trend:Increase 192.72% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 96.15 (%).Trend:Decrease 41.78% than previous quarter

Overall: increasing (70.42%). 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 42.14 (%).Trend:Decrease 27.29% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 165.58 (%).Trend:Increase 292.93% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 88.61 (%).Trend:Decrease 46.49% than previous quarter

Overall: increasing (110.28%). 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 52.66 (%).Trend:Decrease 1.37% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 66.16 (%).Trend:Increase 25.64% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 59.76 (%).Trend:Decrease 9.67% than previous quarter

Overall: increasing (13.48%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 8.0 (USD).Trend:Increase 24.61% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 75.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter

Overall: decreasing (-62.5%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 reveal considerable variation. Liabilities on revenue show an overall increase (18.02%), but with significant fluctuations. Current assets on revenue also show an overall increase (70.42%), but are highly volatile. Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a substantial increase (110.28%), but significant fluctuation. Investment efficiency exhibits a moderate overall increase (13.48%) with less variation.  Earnings per share show a substantial decrease (-62.5%), with significant volatility.