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 24.68 (%).Trend:Decrease 34.17% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 67.83 (%).Trend:Increase 174.84% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.64 (%).Trend:Decrease 50.41% than previous quarter

Overall: increasing (36.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 128.67 (%).Trend:Decrease 31.48% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 511.07 (%).Trend:Increase 297.19% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 235.1 (%).Trend:Decrease 54.0% than previous quarter

Overall: increasing (82.72%). 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 220.37 (%).Trend:Decrease 33.13% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 815.82 (%).Trend:Increase 270.2% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 367.69 (%).Trend:Decrease 54.93% than previous quarter

Overall: increasing (66.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.17 (%).Trend:Increase 3.27% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 29.67 (%).Trend:Increase 9.2% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.57 (%).Trend:Decrease 10.45% than previous quarter

Overall: decreasing (-2.21%). 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 70.09 (%).Trend:Increase 0.01% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 72.77 (%).Trend:Increase 3.82% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 71.73 (%).Trend:Decrease 1.43% than previous quarter

Overall: increasing (2.34%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q3 2022 to Q2 2023 indicate significant fluctuation in working capital efficiency. Liabilities and current assets on revenue show large increases and decreases between quarters. Cost efficiency is volatile, particularly the ratio of retained earnings to revenue, which displays dramatic swings.  The SG&A expense ratio exhibits minor fluctuations, showing little change. Investment efficiency shows little fluctuation and a slight increase in retained earnings on assets.