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 14.65 (%).Trend:Decrease 29.33% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 32.28 (%).Trend:Increase 120.34% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 20.06 (%).Trend:Decrease 37.86% than previous quarter

Overall: increasing (36.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 41.29 (%).Trend:Decrease 62.54% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 111.02 (%).Trend:Increase 168.88% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 52.55 (%).Trend:Decrease 52.67% than previous quarter

Overall: increasing (27.27%). 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 112.57 (%).Trend:Decrease 26.47% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 332.5 (%).Trend:Increase 195.37% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 192.52 (%).Trend:Decrease 42.1% than previous quarter

Overall: increasing (71.02%). 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 14.68 (%).Trend:Decrease 11.41% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 16.23 (%).Trend:Increase 10.56% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 17.6 (%).Trend:Increase 8.44% than previous quarter

Overall: increasing (19.89%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 2.78 (USD).Trend:Increase 33.65% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.97 (USD).Trend:Decrease 65.11% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.94 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (-30.22%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 reveals a mix of positive and negative trends with significant fluctuations. Liabilities and current assets on revenue increased but exhibited substantial volatility. Cost efficiency, as measured by retained earnings to revenue, increased notably but displayed considerable fluctuations. Investment efficiency remained relatively stable.  Earnings per share, however, declined significantly in Q1 2023 after a period of growth, highlighting significant volatility.