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 61.38 (%).Trend:Decrease 17.07% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 108.72 (%).Trend:Increase 77.13% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 62.44 (%).Trend:Decrease 42.57% than previous quarter

Overall: increasing (1.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 85.23 (%).Trend:Decrease 20.38% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 186.5 (%).Trend:Increase 118.82% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 102.51 (%).Trend:Decrease 45.03% than previous quarter

Overall: increasing (20.27%). 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 18.38 (%).Trend:Decrease 21.62% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 75.49 (%).Trend:Increase 310.72% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 36.54 (%).Trend:Decrease 51.6% than previous quarter

Overall: increasing (98.8%). 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 14.47 (%).Trend:Increase 3.28% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 20.27 (%).Trend:Increase 40.08% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 19.34 (%).Trend:Decrease 4.59% than previous quarter

Overall: increasing (33.66%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.22 (USD).Trend:Increase 48.39% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.78 (USD).Trend:Decrease 75.78% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.23 (USD).Trend:Increase 57.69% than previous quarter

Overall: decreasing (-61.8%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 reveal significant fluctuations.  Liabilities on revenue exhibited a mixed pattern, with increases and decreases, showing substantial volatility. Current assets on revenue also showed a trend toward increase, with high variation.  Cost efficiency, measured by the ratio of retained earnings to revenue, displayed a significant overall increase, though with large quarter-to-quarter variations. Investment efficiency (retained earnings on assets) remained positive, with less fluctuation. Earnings per share decreased overall, with substantial volatility.