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 22.52 (%).Trend:Decrease 31.22% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 54.62 (%).Trend:Increase 142.54% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 34.06 (%).Trend:Decrease 37.64% than previous quarter

Overall: increasing (51.24%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 90.2 (%).Trend:Decrease 33.89% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 245.08 (%).Trend:Increase 171.71% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 140.27 (%).Trend:Decrease 42.77% than previous quarter

Overall: increasing (55.51%). 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 138.48 (%).Trend:Decrease 32.37% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 413.02 (%).Trend:Increase 198.25% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 215.48 (%).Trend:Decrease 47.83% than previous quarter

Overall: increasing (55.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.33 (%).Trend:Increase 2.64% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.45 (%).Trend:Decrease 8.06% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.24 (%).Trend:Increase 3.68% than previous quarter

Overall: decreasing (-4.67%). 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 67.96 (%).Trend:Increase 2.74% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 74.82 (%).Trend:Increase 10.09% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 73.89 (%).Trend:Decrease 1.24% than previous quarter

Overall: increasing (8.73%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.4 (USD).Trend:Increase 60.92% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.59 (USD).Trend:Decrease 57.86% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.41 (USD).Trend:Increase 138.98% than previous quarter

Overall: increasing (0.71%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2022 to Q2 2023 show significant fluctuation in working capital efficiency metrics. Liabilities on revenue increased by 51.24%, with substantial quarter-to-quarter changes. Current assets on revenue also rose by 55.51%, but similarly exhibited significant fluctuations. Cost efficiency, as measured by the ratio of retained earnings to revenue, saw a similar pattern of increase (55.6%) and significant variation. Conversely, Selling, General & Administrative (SG&A) expense ratios trended downward, with low variation. Investment efficiency, measured by retained earnings on assets, saw a modest increase (8.73%) and little fluctuation. Earnings per share, however, saw high variability, with overall growth (0.71%) but significant increases and decreases across the reporting periods.