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 61.63 (%).Trend:Decrease 39.22% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 236.92 (%).Trend:Increase 284.42% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 97.7 (%).Trend:Decrease 58.76% than previous quarter

Overall: increasing (58.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 50.96 (%).Trend:Decrease 37.43% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 198.68 (%).Trend:Increase 289.87% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 84.34 (%).Trend:Decrease 57.55% than previous quarter

Overall: increasing (65.5%). 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 43.97 (%).Trend:Decrease 29.68% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 150.04 (%).Trend:Increase 241.23% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 70.55 (%).Trend:Decrease 52.98% than previous quarter

Overall: increasing (60.45%). 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 30.12 (%).Trend:Increase 8.42% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 28.72 (%).Trend:Decrease 4.65% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 30.82 (%).Trend:Increase 7.31% than previous quarter

Overall: increasing (2.32%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance from Q3 2022 to Q2 2023 shows significant fluctuations across key metrics.  Working capital efficiency, liabilities, and current assets on revenue demonstrate substantial increases and decreases quarter-over-quarter.  The ratio of retained earnings to revenue also exhibits substantial volatility, indicating potential instability.  However, investment efficiency, measured by retained earnings on assets, displays relatively stable growth, suggesting a more consistent investment strategy.  Detailed analysis is needed to determine the underlying causes of these fluctuations and their implications for future performance.