Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 42.94 (%).Trend:Decrease 52.79% than previous quarter
Year 2022 Quarter 3: Liabilities on Revenue 27.2 (%).Trend:Decrease 36.66% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42.96 (%).Trend:Increase 57.94% than previous quarter

Overall: increasing (0.05%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 84.94 (%).Trend:Decrease 50.91% than previous quarter
Year 2022 Quarter 3: Current assets on Revenue 55.23 (%).Trend:Decrease 34.98% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 82.67 (%).Trend:Increase 49.68% than previous quarter

Overall: decreasing (-2.67%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 50.67 (%).Trend:Decrease 44.54% than previous quarter
Year 2022 Quarter 3: Ratio of Retained Earnings to Revenue 38.34 (%).Trend:Decrease 24.33% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 70.51 (%).Trend:Increase 83.91% than previous quarter

Overall: increasing (39.16%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.15 (%).Trend:Decrease 11.16% than previous quarter
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.12 (%).Trend:Decrease 1.4% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.13 (%).Trend:Increase 0.47% than previous quarter

Overall: decreasing (-0.93%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 27.14 (%).Trend:Increase 17.9% than previous quarter
Year 2022 Quarter 3: Retained Earning on Assets 29.4 (%).Trend:Increase 8.33% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 32.91 (%).Trend:Increase 11.94% than previous quarter

Overall: increasing (21.26%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 7.17 (USD).Trend:Increase 112.76% than previous quarter
Year 2022 Quarter 3: Earning Per Share 9.33 (USD).Trend:Increase 30.13% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.99 (USD).Trend:Decrease 67.95% than previous quarter

Overall: decreasing (-58.3%). Fluctuation: **Significant** (high variation).



The financial statements from Q2 2022 to Q2 2023 show mixed results.  Working capital efficiency indicators, including liabilities and current assets on revenue, reveal fluctuating trends.  Cost efficiency, as measured by the ratio of retained earnings to revenue, experiences significant upward and downward movements.  SG&A expense ratio displays a slight downward trend.  Investment efficiency demonstrates a steady increase in retained earnings on assets. Earning per share showcases significant fluctuations, including a substantial decrease in Q2 2023. This variability requires further investigation into the causes of these fluctuations.