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 103.93 (%).Trend:Decrease 34.13% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 351.81 (%).Trend:Increase 238.51% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 162.82 (%).Trend:Decrease 53.72% than previous quarter

Overall: increasing (56.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 114.25 (%).Trend:Decrease 35.67% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 440.24 (%).Trend:Increase 285.33% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 203.79 (%).Trend:Decrease 53.71% than previous quarter

Overall: increasing (78.37%). 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 157.17 (%).Trend:Decrease 35.31% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 620.38 (%).Trend:Increase 294.72% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 287.16 (%).Trend:Decrease 53.71% than previous quarter

Overall: increasing (82.71%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.57 (%).Trend:Decrease 5.79% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.64 (%).Trend:Decrease 10.98% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.23 (%).Trend:Decrease 2.62% than previous quarter

Overall: decreasing (-13.32%). 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 45.7 (%).Trend:Increase 2.19% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 51.65 (%).Trend:Increase 13.02% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 52.05 (%).Trend:Increase 0.77% than previous quarter

Overall: increasing (13.89%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -1.99 (USD).Trend:Increase 11.8% than previous quarter
Year 2023 Quarter 1: Earning Per Share 6.76 (USD).Trend:Decrease 439.7% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.74 (USD).Trend:Decrease 0.3% than previous quarter

Overall: increasing (-438.69%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2022 to Q2 2023 show mixed results. Liabilities and current assets on revenue exhibit significant fluctuations, with periods of decreases followed by increases.  Cost efficiency, measured by retained earnings to revenue, displays similar significant fluctuations. Selling, general, and administrative (SG&A) expense ratios show a consistent decrease, suggesting better cost management.  Investment efficiency, based on retained earnings on assets, shows a stable increasing trend. Earnings per share are also trending upward but show significant fluctuations.