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 33.93 (%).Trend:Decrease 48.32% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 130.02 (%).Trend:Increase 283.2% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 66.07 (%).Trend:Decrease 49.18% than previous quarter

Overall: increasing (94.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 47.06 (%).Trend:Decrease 44.97% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 185.08 (%).Trend:Increase 293.29% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 94.85 (%).Trend:Decrease 48.75% than previous quarter

Overall: increasing (101.55%). 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 59.61 (%).Trend:Decrease 37.19% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 212.45 (%).Trend:Increase 256.4% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 107.98 (%).Trend:Decrease 49.17% than previous quarter

Overall: increasing (81.14%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.47 (%).Trend:Decrease 13.73% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.14 (%).Trend:Increase 10.36% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.15 (%).Trend:Increase 0.14% than previous quarter

Overall: increasing (10.51%). 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 39.29 (%).Trend:Increase 9.2% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 38.33 (%).Trend:Decrease 2.44% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 38.82 (%).Trend:Increase 1.28% than previous quarter

Overall: decreasing (-1.2%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q3 2022 to Q2 2023 show significant fluctuations.  Working capital efficiency demonstrates substantial variation, with liabilities increasing drastically in Q1 2023, before decreasing in Q2 and Q3. Current assets on revenue also exhibit significant volatility, increasing sharply in Q1 2023, and then decreasing in Q2 and Q3. Cost efficiency (ratio of retained earnings to revenue) shows a notable increase in Q1 2023 followed by a decrease in Q2 and Q3. SG&A expense ratio shows minimal fluctuation, generally declining.  Investment efficiency, represented by retained earnings on assets, is generally increasing but shows little overall change.