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 18.45 (%).Trend:Decrease 40.43% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 52.28 (%).Trend:Increase 183.36% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 24.98 (%).Trend:Decrease 52.22% than previous quarter

Overall: increasing (35.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 85.31 (%).Trend:Decrease 32.87% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 250.93 (%).Trend:Increase 194.14% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 122.78 (%).Trend:Decrease 51.07% than previous quarter

Overall: increasing (43.92%). 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 137.95 (%).Trend:Decrease 32.1% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 449.03 (%).Trend:Increase 225.5% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 234.44 (%).Trend:Decrease 47.79% than previous quarter

Overall: increasing (69.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.01 (%).Trend:Decrease 3.3% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.64 (%).Trend:Increase 11.95% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.38 (%).Trend:Decrease 9.17% than previous quarter

Overall: increasing (1.68%). 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 63.42 (%).Trend:Increase 1.86% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 67.94 (%).Trend:Increase 7.13% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 70.95 (%).Trend:Increase 4.43% than previous quarter

Overall: increasing (11.87%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.62 (USD).Trend:Increase 43.17% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.19 (USD).Trend:Decrease 107.25% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.77 (USD).Trend:Decrease 505.26% than previous quarter

Overall: decreasing (-70.61%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 reveal significant fluctuations. Liabilities on revenue decreased from Q3 to Q2, but rose in Q1 2023, exhibiting high variation. Current assets on revenue also saw significant fluctuations. Cost efficiency, as measured by the ratio of retained earnings to revenue, increased but with substantial fluctuations. The SG&A expense ratio showed little fluctuation. Investment efficiency shows a modest increase in retained earnings on assets.  Earning per share, however, had a significant decrease followed by an increase in Q2 & Q3. The period is marked by volatility, with some positive trends observed.