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 41.39 (%).Trend:Decrease 34.8% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 103.22 (%).Trend:Increase 149.38% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 56.05 (%).Trend:Decrease 45.7% than previous quarter

Overall: increasing (35.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 87.79 (%).Trend:Decrease 34.09% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 223.15 (%).Trend:Increase 154.19% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 118.42 (%).Trend:Decrease 46.93% than previous quarter

Overall: increasing (34.89%). 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 117.95 (%).Trend:Decrease 37.3% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 307.19 (%).Trend:Increase 160.44% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 171.65 (%).Trend:Decrease 44.12% than previous quarter

Overall: increasing (45.53%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33.24 (%).Trend:Decrease 2.75% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.74 (%).Trend:Increase 4.51% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.11 (%).Trend:Decrease 1.81% than previous quarter

Overall: increasing (2.62%). 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 54.75 (%).Trend:Decrease 0.89% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 55.71 (%).Trend:Increase 1.75% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 58.16 (%).Trend:Increase 4.4% than previous quarter

Overall: increasing (6.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.9 (USD).Trend:Increase 61.02% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.4 (USD).Trend:Decrease 78.95% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.7 (USD).Trend:Increase 75.0% than previous quarter

Overall: decreasing (-63.16%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased drastically in Q1 2023, then decreased in Q2 and Q3 2023.  Current assets on revenue also saw large increases and decreases, peaking in Q1 2023.  Cost efficiency shows significant fluctuation in the ratio of retained earnings to revenue, with large increases and decreases across quarters.  SG&A expense ratio shows little fluctuation, increasing slightly overall.  Investment efficiency shows little fluctuation in retained earnings on assets, increasing steadily.  Earnings per share show significant fluctuations, decreasing overall but increasing in Q2 and Q3 2023.