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 10.25 (%).Trend:Decrease 36.37% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 35.0 (%).Trend:Increase 241.46% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 21.0 (%).Trend:Decrease 40.0% than previous quarter

Overall: increasing (104.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 44.14 (%).Trend:Decrease 33.7% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 118.31 (%).Trend:Increase 168.03% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 66.71 (%).Trend:Decrease 43.61% than previous quarter

Overall: increasing (51.13%). 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 83.81 (%).Trend:Decrease 36.86% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 174.59 (%).Trend:Increase 108.32% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 87.79 (%).Trend:Decrease 49.72% than previous quarter

Overall: increasing (4.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.41 (%).Trend:Decrease 4.9% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.14 (%).Trend:Decrease 34.41% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.64 (%).Trend:Decrease 6.14% than previous quarter

Overall: decreasing (-38.44%). 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 77.42 (%).Trend:Decrease 0.55% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 73.93 (%).Trend:Decrease 4.51% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 72.69 (%).Trend:Decrease 1.68% than previous quarter

Overall: decreasing (-6.11%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.46 (USD).Trend:Decrease 235.29% than previous quarter
Year 2023 Quarter 1: Earning Per Share 2.58 (USD).Trend:Increase 460.87% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.66 (USD).Trend:Increase 158.14% than previous quarter

Overall: increasing (1347.83%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 displays significant volatility.  Liabilities on revenue increased sharply in Q1 2023, after a decrease in prior quarters, then decreased again in Q2 2023. Current assets on revenue saw a similar trend with a huge increase in Q1 2023, then a decrease in Q2.  The ratio of retained earnings to revenue demonstrates a significant increase in Q1 2023, followed by a decline in Q2.  SG&A expense ratio displays a consistent decrease.  Investment efficiency (retained earnings on assets) consistently decreased. Earnings per share increased substantially in Q1 and Q2 2023, initially showing negative values.