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

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 80.49 (%).Trend:Decrease 47.58% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 298.14 (%).Trend:Increase 270.41% than previous quarter
Year 2023 Quarter 3: Liabilities on Revenue 77.1 (%).Trend:Decrease 74.14% than previous quarter

Overall: decreasing (-4.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 143.9 (%).Trend:Decrease 43.32% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 275.4 (%).Trend:Increase 91.38% than previous quarter
Year 2023 Quarter 3: Current assets on Revenue 66.78 (%).Trend:Decrease 75.75% than previous quarter

Overall: decreasing (-53.59%). Fluctuation: **Significant** (high variation).


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

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 84.59 (%).Trend:Decrease 30.47% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 198.2 (%).Trend:Increase 134.31% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 45.46 (%).Trend:Decrease 77.06% than previous quarter

Overall: decreasing (-46.26%). Fluctuation: **Significant** (high variation).

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

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

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 34.26 (%).Trend:Increase 11.52% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 12.31 (%).Trend:Decrease 64.07% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 10.51 (%).Trend:Decrease 14.62% than previous quarter

Overall: decreasing (-69.32%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 2.66 (USD).Trend:Increase 90.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.76 (USD).Trend:Decrease 128.57% than previous quarter
Year 2023 Quarter 3: Earning Per Share -3.27 (USD).Trend:Increase 330.26% than previous quarter

Overall: decreasing (-222.93%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q3 2023 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue decreased by 4.21% overall but with substantial quarter-to-quarter variations.  Current assets on revenue also decreased significantly (-53.59%) with high volatility.  Cost efficiency, measured by the ratio of retained earnings to revenue, also decreased (-46.26%) with major quarter-to-quarter swings.  Investment efficiency, as measured by retained earnings on assets, declined sharply (-69.32%).  Earnings per share experienced a substantial drop (-222.93%) with high variation.