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 17.16 (%).Trend:Decrease 39.0% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 57.44 (%).Trend:Increase 234.73% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 37.23 (%).Trend:Decrease 35.18% than previous quarter

Overall: increasing (116.96%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 28.99 (%).Trend:Decrease 40.34% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 75.78 (%).Trend:Increase 161.4% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 29.13 (%).Trend:Decrease 61.56% than previous quarter

Overall: increasing (0.48%). 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 83.47 (%).Trend:Decrease 30.32% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 262.59 (%).Trend:Increase 214.59% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 134.93 (%).Trend:Decrease 48.62% than previous quarter

Overall: increasing (61.65%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.79 (%).Trend:Decrease 2.11% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.49 (%).Trend:Increase 12.85% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.63 (%).Trend:Decrease 2.65% than previous quarter

Overall: increasing (9.86%). 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 32.62 (%).Trend:Increase 5.77% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 33.03 (%).Trend:Increase 1.26% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 30.74 (%).Trend:Decrease 6.93% than previous quarter

Overall: decreasing (-5.76%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.76 (USD).Trend:Increase 64.91% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 73.4% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-73.4%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 shows significant fluctuations in key areas. Liabilities on revenue decreased then increased sharply before declining again. Current assets on revenue followed a similar pattern.  The ratio of retained earnings to revenue displays significant volatility, increasing significantly in Q1 2023 then decreasing.  Selling, General & Administrative (SG&A) expense ratios show a small overall increase with little fluctuation.  Investment efficiency shows little fluctuation in retained earnings on assets. Earnings per share experiences a large decrease in Q1 2023 then no change in Q2 2023.