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 21.88 (%).Trend:Decrease 40.17% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 77.81 (%).Trend:Increase 255.62% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 39.35 (%).Trend:Decrease 49.43% than previous quarter

Overall: increasing (79.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 30.88 (%).Trend:Decrease 41.2% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 124.61 (%).Trend:Increase 303.53% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 61.97 (%).Trend:Decrease 50.27% than previous quarter

Overall: increasing (100.68%). 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 27.77 (%).Trend:Decrease 20.25% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 127.67 (%).Trend:Increase 359.74% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 69.8 (%).Trend:Decrease 45.33% than previous quarter

Overall: increasing (151.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.0 (%).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.06 (%).Trend:Increase 51.5% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.01 (%).Trend:Decrease 0.83% than previous quarter

Overall: increasing (50.25%). Fluctuation: **Neutral** (moderate 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 25.0 (%).Trend:Increase 22.67% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 29.04 (%).Trend:Increase 16.16% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 31.13 (%).Trend:Increase 7.2% than previous quarter

Overall: increasing (24.52%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 7.62 (USD).Trend:Increase 41.9% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.19 (USD).Trend:Decrease 84.38% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.35 (USD).Trend:Increase 97.48% than previous quarter

Overall: decreasing (-69.16%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 shows significant volatility. Liabilities on revenue increase sharply in Q1 2023, then decrease again. Current assets on revenue also display a large increase in Q1 2023, then a decrease. The ratio of retained earnings to revenue shows a dramatic increase in Q1 2023, followed by a decrease. SG&A expense ratio increases in Q1 2023 then decreases slightly. Investment efficiency shows a neutral increase in retained earnings on assets. Earnings per share decreases sharply in Q1 2023, then increases again.