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 17.37 (%).Trend:Decrease 30.1% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 45.81 (%).Trend:Increase 163.73% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 22.16 (%).Trend:Decrease 51.63% than previous quarter

Overall: increasing (27.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 33.52 (%).Trend:Decrease 33.85% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 101.79 (%).Trend:Increase 203.67% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 49.26 (%).Trend:Decrease 51.61% than previous quarter

Overall: increasing (46.96%). 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 34.52 (%).Trend:Decrease 30.3% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 128.55 (%).Trend:Increase 272.39% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 66.4 (%).Trend:Decrease 48.35% than previous quarter

Overall: increasing (92.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.6 (%).Trend:Decrease 3.9% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.03 (%).Trend:Increase 46.15% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.97 (%).Trend:Decrease 14.68% than previous quarter

Overall: increasing (24.69%). Fluctuation: **Neutral** (moderate 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 42.42 (%).Trend:Increase 7.5% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 40.71 (%).Trend:Decrease 4.03% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 43.25 (%).Trend:Increase 6.24% than previous quarter

Overall: increasing (1.96%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.92 (USD).Trend:Increase 68.42% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.06 (USD).Trend:Decrease 96.88% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.71 (USD).Trend:Increase 1083.33% than previous quarter

Overall: decreasing (-63.02%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 indicate significant volatility. Liabilities on revenue decreased in Q3 2022, then increased substantially in Q1 2023, followed by a further decrease in Q2 2023.  Current assets on revenue show a similar pattern of steep decline, followed by a surge and then another decline. Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibits a major upswing in Q1 2023 after substantial decreases in the prior quarters. The SG&A expense ratio trends show a neutral pattern of decrease and increase across the three quarters. Investment efficiency, as measured by retained earnings on assets, shows a modest but relatively consistent increase. Earnings per share, however, show dramatic variation, with a considerable decline in Q1 2023 and dramatic growth in Q2 2023 before increasing in Q3 2023. These results highlight significant short-term shifts across various financial aspects.