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 65.94 (%).Trend:Decrease 32.96% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 183.29 (%).Trend:Increase 177.96% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 89.24 (%).Trend:Decrease 51.31% than previous quarter

Overall: increasing (35.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 71.58 (%).Trend:Decrease 34.15% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 225.49 (%).Trend:Increase 215.02% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 115.45 (%).Trend:Decrease 48.8% than previous quarter

Overall: increasing (61.29%). 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 34.48 (%).Trend:Decrease 27.84% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 123.6 (%).Trend:Increase 258.47% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 64.14 (%).Trend:Decrease 48.11% than previous quarter

Overall: increasing (86.02%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 42.02 (%).Trend:Decrease 0.19% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 42.43 (%).Trend:Increase 0.98% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 41.8 (%).Trend:Decrease 1.48% than previous quarter

Overall: decreasing (-0.52%). 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 10.26 (%).Trend:Increase 8.57% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 11.79 (%).Trend:Increase 14.91% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 12.52 (%).Trend:Increase 6.19% than previous quarter

Overall: increasing (22.03%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.04 (USD).Trend:Increase 38.67% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.27 (USD).Trend:Decrease 74.04% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.58 (USD).Trend:Increase 114.81% than previous quarter

Overall: decreasing (-44.23%). Fluctuation: **Significant** (high variation).



Between Q3 2022 and Q2 2023, liabilities on revenue and current assets on revenue increased significantly, exhibiting high variation.  The ratio of retained earnings to revenue also showed a substantial increase with significant fluctuation.  Conversely, the SG&A expense ratio slightly decreased, and retained earnings on assets increased slightly with low variation.  Earnings per share decreased significantly, showing high variation.