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 46.31 (%).Trend:Decrease 33.16% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 129.91 (%).Trend:Increase 180.52% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 64.03 (%).Trend:Decrease 50.71% than previous quarter

Overall: increasing (38.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 70.5 (%).Trend:Decrease 32.35% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 169.34 (%).Trend:Increase 140.2% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 81.78 (%).Trend:Decrease 51.71% than previous quarter

Overall: increasing (16.0%). 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 134.53 (%).Trend:Decrease 34.1% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 375.13 (%).Trend:Increase 178.84% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 180.78 (%).Trend:Decrease 51.81% than previous quarter

Overall: increasing (34.38%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.29 (%).Trend:Decrease 0.96% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.75 (%).Trend:Increase 91.93% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.53 (%).Trend:Decrease 6.18% than previous quarter

Overall: increasing (80.08%). Fluctuation: **Significant** (high 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 69.66 (%).Trend:Increase 0.72% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 53.01 (%).Trend:Decrease 23.9% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 52.76 (%).Trend:Decrease 0.47% than previous quarter

Overall: decreasing (-24.26%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 9.23 (USD).Trend:Increase 41.56% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.02 (USD).Trend:Decrease 67.28% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.1 (USD).Trend:Increase 101.99% than previous quarter

Overall: decreasing (-33.91%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 reveal significant fluctuations. Liabilities on revenue increased sharply in Q1 2023 then decreased, while current assets show a similar pattern. Cost efficiency, reflected in the retained earnings/revenue ratio and SG&A expense ratio, also exhibits significant variation.  Investment efficiency demonstrates a negative trend in retained earnings on assets. Earnings per share are also volatile.