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 48.2 (%).Trend:Decrease 9.35% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 115.12 (%).Trend:Increase 138.84% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 73.55 (%).Trend:Decrease 36.11% than previous quarter

Overall: increasing (52.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 37.49 (%).Trend:Decrease 21.44% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 89.87 (%).Trend:Increase 139.72% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 49.85 (%).Trend:Decrease 44.53% than previous quarter

Overall: increasing (32.97%). 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 30.92 (%).Trend:Decrease 30.67% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 68.17 (%).Trend:Increase 120.47% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 45.64 (%).Trend:Decrease 33.05% than previous quarter

Overall: increasing (47.61%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 7.87 (%).Trend:Decrease 6.31% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 9.3 (%).Trend:Increase 18.17% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 9.26 (%).Trend:Decrease 0.43% than previous quarter

Overall: increasing (17.66%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.0 (USD).Trend:Decrease 39.39% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: stable (0.0%). Fluctuation: **Little** (low variation).



Working capital efficiency shows significant fluctuations in liabilities and current assets on revenue across Q3 2022 to Q2 2023. Liabilities on revenue decreased from Q3 2022 to Q2 2023, but increased significantly in Q1 2023. Current assets on revenue also show a similar trend, increasing sharply in Q1 2023, and then decreasing significantly in Q2 and Q3 2023.  Cost efficiency, measured by the ratio of retained earnings to revenue, also displays notable fluctuations. While the overall trend shows an increase, significant quarter-to-quarter variations exist. Investment efficiency (retained earnings on assets) shows a slight overall increase with little fluctuation. Earnings per share remain relatively stable.