Working Capital Efficiency
The data from Quater 3 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 43.73 (%).Trend:Decrease 39.57% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 113.75 (%).Trend:Increase 160.12% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 47.45 (%).Trend:Decrease 58.29% than previous quarter

Overall: increasing (8.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.72 (%).Trend:Decrease 3.86% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.97 (%).Trend:Decrease 9.72% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.95 (%).Trend:Decrease 14.63% than previous quarter

Overall: decreasing (-22.93%). 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 23.92 (%).Trend:Decrease 3.16% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 22.84 (%).Trend:Decrease 4.52% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 22.67 (%).Trend:Decrease 0.74% than previous quarter

Overall: decreasing (-5.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.82 (USD).Trend:Increase 13.89% than previous quarter
Year 2023 Quarter 1: Earning Per Share -0.51 (USD).Trend:Decrease 162.2% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.5 (USD).Trend:Decrease 198.04% than previous quarter

Overall: decreasing (-39.02%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 present a mixed financial picture.  Retained earnings relative to revenue are increasing (8.51%), but with substantial fluctuation.  SG&A expense ratios are decreasing (-22.93%), indicative of potential cost-cutting.  Investment efficiency, measured by retained earnings on assets, is decreasing by 5.23%, exhibiting a stable downtrend. Earnings per share (EPS) is declining significantly (-39.02%) and is highly volatile.