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 41.91 (%).Trend:Decrease 34.4% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 128.02 (%).Trend:Increase 205.46% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 62.78 (%).Trend:Decrease 50.96% than previous quarter

Overall: increasing (49.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 42.23 (%).Trend:Decrease 32.74% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 144.76 (%).Trend:Increase 242.79% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 68.61 (%).Trend:Decrease 52.6% than previous quarter

Overall: increasing (62.47%). 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 61.98 (%).Trend:Decrease 30.4% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 217.26 (%).Trend:Increase 250.53% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 108.94 (%).Trend:Decrease 49.86% than previous quarter

Overall: increasing (75.77%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.52 (%).Trend:Decrease 0.82% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.19 (%).Trend:Increase 11.5% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.74 (%).Trend:Decrease 2.78% than previous quarter

Overall: increasing (8.4%). 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 54.05 (%).Trend:Increase 4.59% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 54.56 (%).Trend:Increase 0.94% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 54.76 (%).Trend:Increase 0.37% than previous quarter

Overall: increasing (1.31%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 7.75 (USD).Trend:Increase 54.08% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.5 (USD).Trend:Decrease 80.65% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.74 (USD).Trend:Increase 82.67% than previous quarter

Overall: decreasing (-64.65%). Fluctuation: **Significant** (high variation).



From Q3 2022 to Q2 2023, liabilities on revenue and current assets on revenue both increased significantly, displaying high fluctuation.  The ratio of retained earnings to revenue also increased significantly.  The SG&A expense ratio showed a small increase, while retained earnings on assets increased slightly. Earnings per share decreased significantly with high fluctuation.