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 71.61 (%).Trend:Decrease 53.87% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 305.89 (%).Trend:Increase 327.16% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 99.42 (%).Trend:Decrease 67.5% than previous quarter

Overall: increasing (38.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 65.38 (%).Trend:Decrease 47.46% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 257.27 (%).Trend:Increase 293.5% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 83.89 (%).Trend:Decrease 67.39% than previous quarter

Overall: increasing (28.31%). 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 126.87 (%).Trend:Decrease 44.75% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 595.96 (%).Trend:Increase 369.74% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 286.73 (%).Trend:Decrease 51.89% than previous quarter

Overall: increasing (126.0%). 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 26.37 (%).Trend:Increase 7.68% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 25.38 (%).Trend:Decrease 3.75% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 25.79 (%).Trend:Increase 1.62% than previous quarter

Overall: decreasing (-2.2%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.07 (USD).Trend:Increase 74.43% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.19 (USD).Trend:Decrease 93.81% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.63 (USD).Trend:Increase 231.58% than previous quarter

Overall: decreasing (-79.48%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 displays substantial volatility.  Working capital efficiency (liabilities and current assets on revenue) showed large increases in Q1 2023, followed by substantial drops. Cost efficiency (retained earnings-to-revenue ratio) also demonstrates significant fluctuation throughout the period, resulting in an overall increase.  Investment efficiency (retained earnings on assets) trended downward slightly.  Earnings per share (EPS) fell substantially during the period, but EPS in Q2 2023 increased significantly. The substantial and erratic fluctuations in several key financial indicators necessitate careful review to understand the underlying drivers.