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 72.07 (%).Trend:Decrease 41.03% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 188.84 (%).Trend:Increase 162.02% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 92.1 (%).Trend:Decrease 51.23% than previous quarter

Overall: increasing (27.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 101.28 (%).Trend:Decrease 47.44% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 151.88 (%).Trend:Increase 49.96% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 86.84 (%).Trend:Decrease 42.82% than previous quarter

Overall: decreasing (-14.26%). 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 301.32 (%).Trend:Decrease 32.78% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 948.57 (%).Trend:Increase 214.8% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 474.3 (%).Trend:Decrease 50.0% than previous quarter

Overall: increasing (57.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 41.58 (%).Trend:Decrease 1.16% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 42.02 (%).Trend:Increase 1.06% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 41.63 (%).Trend:Decrease 0.93% than previous quarter

Overall: increasing (0.12%). 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 48.67 (%).Trend:Increase 6.24% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 51.38 (%).Trend:Increase 5.57% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 51.83 (%).Trend:Increase 0.88% than previous quarter

Overall: increasing (6.49%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 24.0 (USD).Trend:Increase 10.91% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 91.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.0 (USD).Trend:Increase 200.0% than previous quarter

Overall: decreasing (-75.0%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2022 to Q2 2023 show fluctuations in working capital efficiency. Liabilities on revenue increased and decreased significantly, while current assets on revenue also fluctuated considerably. Cost efficiency shows significant variation in the ratio of retained earnings to revenue. The SG&A expense ratio, however, shows very little fluctuation. Investment efficiency remains relatively stable, while earnings per share reveal a large drop in Q1 2023 and a sharp recovery in Q2 2023.