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 26.71 (%).Trend:Decrease 25.72% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 60.27 (%).Trend:Increase 125.65% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 30.32 (%).Trend:Decrease 49.69% than previous quarter

Overall: increasing (13.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 56.49 (%).Trend:Decrease 23.7% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 155.83 (%).Trend:Increase 175.85% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 78.69 (%).Trend:Decrease 49.5% than previous quarter

Overall: increasing (39.3%). 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 3.29 (%).Trend:Increase 8.94% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 17.42 (%).Trend:Increase 429.48% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 9.74 (%).Trend:Decrease 44.09% than previous quarter

Overall: increasing (196.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.67 (%).Trend:Increase 2.42% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.74 (%).Trend:Decrease 3.13% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.51 (%).Trend:Increase 2.68% than previous quarter

Overall: decreasing (-0.54%). 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 3.78 (%).Trend:Increase 49.41% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 7.07 (%).Trend:Increase 87.04% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 7.77 (%).Trend:Increase 9.9% than previous quarter

Overall: increasing (105.56%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 3.47 (USD).Trend:Increase 36.08% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.19 (USD).Trend:Decrease 65.71% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.84 (USD).Trend:Increase 54.62% than previous quarter

Overall: decreasing (-46.97%). Fluctuation: **Significant** (high variation).



Financial performance for Q3 2022 to Q2 2023 reveals considerable volatility. Working capital efficiency displays increasing trends, but with significant fluctuations in both liabilities and current assets on revenue. Cost efficiency shows a dramatic increase in the ratio of retained earnings to revenue, although marked by significant swings. SG&A expense ratio shows little change, remaining relatively stable.  Investment efficiency reveals an increasing trend in retained earnings on assets, while earnings per share show a marked overall decrease, but with quarter-to-quarter volatility.  The high degree of fluctuation across key metrics points to the necessity for further analysis.