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 84.44 (%).Trend:Decrease 37.36% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 265.37 (%).Trend:Increase 214.27% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 107.87 (%).Trend:Decrease 59.35% than previous quarter

Overall: increasing (27.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 81.12 (%).Trend:Decrease 31.01% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 244.06 (%).Trend:Increase 200.86% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 116.32 (%).Trend:Decrease 52.34% than previous quarter

Overall: increasing (43.39%). 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 37.9 (%).Trend:Decrease 27.71% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 115.8 (%).Trend:Increase 205.54% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 60.36 (%).Trend:Decrease 47.88% than previous quarter

Overall: increasing (59.26%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.75 (%).Trend:Increase 1.97% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 45.5 (%).Trend:Increase 17.42% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 43.34 (%).Trend:Decrease 4.75% than previous quarter

Overall: increasing (11.85%). 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 5.8 (%).Trend:Increase 10.06% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 5.46 (%).Trend:Decrease 5.86% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 5.95 (%).Trend:Increase 8.97% than previous quarter

Overall: increasing (2.59%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2022 to Q2 2023 shows fluctuating working capital efficiency. Liabilities on revenue increased significantly in Q1 2023 after a previous period of significant decline, but then dropped in Q2, and slightly further in Q3. Current assets on revenue also displayed a significant increase in Q1 2023, then decreased in the next two quarters. Cost efficiency (ratio of retained earnings to revenue) showed a notable increase in Q1 2023, then a significant decline in Q2 and Q3. The SG&A expense ratio exhibited small overall increases, with minor fluctuation. Investment efficiency (retained earnings on assets) saw a modest overall increase.