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).



The financial statements reveal significant volatility in working capital efficiency, with liabilities and current assets on revenue exhibiting substantial quarter-to-quarter changes.  Cost efficiency, specifically the ratio of retained earnings to revenue, also displays high fluctuation.  In contrast, selling, general, and administrative (SG&A) expense ratios show minimal change.  Investment efficiency, as measured by retained earnings on assets, demonstrates steady, though slight, growth, while earnings per share show substantial fluctuation.