Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Liabilities on Revenue
Year 2022 Quarter 2: Liabilities on Revenue 252638100.0 (%).Trend:Decrease 2.5% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 325746600.0 (%).Trend:Increase 28.94% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 271969900.0 (%).Trend:Decrease 16.51% than previous quarter

Overall: increasing (7.65%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2022 Quarter 2: Current assets on Revenue 1947164900.0 (%).Trend:Increase 12.58% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 3094105200.0 (%).Trend:Increase 58.9% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 1940226600.0 (%).Trend:Decrease 37.29% than previous quarter

Overall: decreasing (-0.36%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 920954900.0 (%).Trend:Increase 6.71% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 1994309100.0 (%).Trend:Increase 116.55% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 1879621200.0 (%).Trend:Decrease 5.75% than previous quarter

Overall: increasing (104.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 301009100.0 (%).Trend:Increase 69.03% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2367059600.0 (%).Trend:Increase 686.37% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2614457100.0 (%).Trend:Increase 10.45% than previous quarter

Overall: increasing (768.56%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 2 in 2022 to Quater 2 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 32.28 (%).Trend:Increase 5.63% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 48.48 (%).Trend:Increase 50.19% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 47.7 (%).Trend:Decrease 1.61% than previous quarter

Overall: increasing (47.77%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share 0.05 (USD).Trend:Decrease 600.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.09 (USD).Trend:Increase 2080.0% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.96 (USD).Trend:Decrease 11.93% than previous quarter

Overall: increasing (1820.0%). Fluctuation: **Significant** (high variation).



The financial statements indicate significant growth in profitability, reflected by the substantial increase in earnings per share (1820%) and retained earnings on assets (47.77%). However, this growth is accompanied by significant fluctuations and a substantial increase in SG&A expenses (768.56%), suggesting potential areas for cost optimization. Working capital efficiency shows a slight increase in liabilities relative to revenue and a minimal decrease in current assets.