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 14.82 (%).Trend:Decrease 33.36% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 41.94 (%).Trend:Increase 183.0% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 20.31 (%).Trend:Decrease 51.57% than previous quarter

Overall: increasing (37.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 44.73 (%).Trend:Decrease 34.58% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 130.82 (%).Trend:Increase 192.47% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 67.98 (%).Trend:Decrease 48.04% than previous quarter

Overall: increasing (51.98%). 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 52.98 (%).Trend:Decrease 32.58% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 164.92 (%).Trend:Increase 211.29% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 85.0 (%).Trend:Decrease 48.46% than previous quarter

Overall: increasing (60.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.12 (%).Trend:Decrease 1.93% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.5 (%).Trend:Increase 5.34% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.48 (%).Trend:Decrease 0.27% than previous quarter

Overall: increasing (5.06%). 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 41.27 (%).Trend:Increase 0.15% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 40.49 (%).Trend:Decrease 1.89% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 41.19 (%).Trend:Increase 1.73% than previous quarter

Overall: decreasing (-0.19%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 8.74 (USD).Trend:Increase 47.39% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.12 (USD).Trend:Decrease 75.74% than previous quarter
Year 2023 Quarter 2: Earning Per Share 4.37 (USD).Trend:Increase 106.13% than previous quarter

Overall: decreasing (-50.0%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, the firm displayed significant fluctuations in several key metrics.  Liabilities and current assets relative to revenue both increased substantially (37.04% and 51.98%, respectively), though with considerable volatility. The ratio of retained earnings to revenue also rose significantly (60.44%), again exhibiting high variability. Conversely, earnings per share experienced a dramatic 50% decline.  Retained earnings on assets remained relatively stable, showing a slight decrease.