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 42.38 (%).Trend:Decrease 33.87% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 134.83 (%).Trend:Increase 218.15% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 62.7 (%).Trend:Decrease 53.5% than previous quarter

Overall: increasing (47.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 86.32 (%).Trend:Decrease 35.54% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 259.33 (%).Trend:Increase 200.43% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 125.17 (%).Trend:Decrease 51.73% than previous quarter

Overall: increasing (45.01%). 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 142.8 (%).Trend:Decrease 33.67% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 385.02 (%).Trend:Increase 169.62% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 184.36 (%).Trend:Decrease 52.12% than previous quarter

Overall: increasing (29.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.14 (%).Trend:Increase 2.59% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.92 (%).Trend:Increase 3.23% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.02 (%).Trend:Decrease 7.62% than previous quarter

Overall: decreasing (-4.64%). Fluctuation: **Little** (low 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 81.64 (%).Trend:Increase 2.02% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 77.41 (%).Trend:Decrease 5.18% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 77.21 (%).Trend:Decrease 0.26% than previous quarter

Overall: decreasing (-5.43%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.52 (USD).Trend:Increase 136.36% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.2 (USD).Trend:Decrease 61.54% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.59 (USD).Trend:Increase 195.0% than previous quarter

Overall: increasing (13.46%). Fluctuation: **Significant** (high variation).



Financial statements show substantial fluctuations across multiple key metrics. Working capital efficiency demonstrates substantial volatility in liabilities and current assets on revenue, rising and falling sharply. Cost efficiency reveals a minimal overall decrease in the SG&A expense ratio, showcasing little fluctuation. Investment efficiency indicates a slight overall decline in retained earnings on assets.  Earning per share displays substantial volatility, with a significant increase in Q3 2022 before fluctuating again.