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 61.76 (%).Trend:Decrease 29.12% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 241.92 (%).Trend:Increase 291.71% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 105.89 (%).Trend:Decrease 56.23% than previous quarter

Overall: increasing (71.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 65.7 (%).Trend:Decrease 55.05% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 266.82 (%).Trend:Increase 306.12% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 126.03 (%).Trend:Decrease 52.77% than previous quarter

Overall: increasing (91.83%). 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 193.55 (%).Trend:Decrease 33.6% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 891.67 (%).Trend:Increase 360.69% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 428.83 (%).Trend:Decrease 51.91% than previous quarter

Overall: increasing (121.56%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.81 (%).Trend:Decrease 1.93% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.54 (%).Trend:Increase 40.03% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.48 (%).Trend:Decrease 6.75% than previous quarter

Overall: increasing (30.58%). Fluctuation: **Neutral** (moderate variation).


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 74.56 (%).Trend:Decrease 18.55% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 82.99 (%).Trend:Increase 11.31% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 84.57 (%).Trend:Increase 1.9% than previous quarter

Overall: increasing (13.43%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 4.19 (USD).Trend:Increase 58.71% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.0 (USD).Trend:Decrease 28.4% than previous quarter
Year 2023 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 66.67% than previous quarter

Overall: increasing (19.33%). Fluctuation: **Neutral** (moderate variation).



Financial statements from Q3 2022 to Q2 2023 show significant fluctuations in working capital efficiency, cost efficiency, and investment efficiency. Liabilities on revenue increased drastically in Q1 2023, then decreased in Q2 2023. Current assets on revenue also saw significant increases and decreases.  The ratio of retained earnings to revenue exhibits similar volatility.  SG&A expense ratio shows moderate variation, while retained earnings on assets shows low variation.  Earning per share shows moderate variation, fluctuating between increases and decreases. Overall trends for most metrics are increasing, but with significant volatility.