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 22.19 (%).Trend:Decrease 29.31% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 52.59 (%).Trend:Increase 137.0% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 27.81 (%).Trend:Decrease 47.12% than previous quarter

Overall: increasing (25.33%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 96.45 (%).Trend:Decrease 31.22% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 250.6 (%).Trend:Increase 159.82% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 131.35 (%).Trend:Decrease 47.59% than previous quarter

Overall: increasing (36.18%). 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 60.73 (%).Trend:Decrease 30.93% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 156.98 (%).Trend:Increase 158.49% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 77.66 (%).Trend:Decrease 50.53% than previous quarter

Overall: increasing (27.88%). 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 29.79 (%).Trend:Increase 0.78% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 29.59 (%).Trend:Decrease 0.67% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 28.58 (%).Trend:Decrease 3.41% than previous quarter

Overall: decreasing (-4.06%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.76 (USD).Trend:Increase 40.74% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.3 (USD).Trend:Decrease 60.53% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.18 (USD).Trend:Decrease 40.0% than previous quarter

Overall: decreasing (-76.32%). Fluctuation: **Significant** (high variation).



Analysis reveals significant fluctuations in key metrics. Liabilities and current assets on revenue show overall increases despite quarter-to-quarter volatility.  Retained earnings to revenue also increased overall, while retained earnings on assets decreased. Earnings per share experienced a substantial overall decline.  Further investigation into these significant fluctuations is warranted.