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 101.69 (%).Trend:Decrease 40.57% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 194.38 (%).Trend:Increase 91.15% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 84.79 (%).Trend:Decrease 56.38% than previous quarter

Overall: decreasing (-16.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 68.3 (%).Trend:Decrease 44.68% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 166.59 (%).Trend:Increase 143.91% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 74.84 (%).Trend:Decrease 55.08% than previous quarter

Overall: increasing (9.58%). 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 9.02 (%).Trend:Decrease 16.33% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 50.07 (%).Trend:Increase 455.1% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 31.46 (%).Trend:Decrease 37.17% than previous quarter

Overall: increasing (248.78%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 6.86 (%).Trend:Increase 38.31% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 16.32 (%).Trend:Increase 137.9% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 22.74 (%).Trend:Increase 39.34% than previous quarter

Overall: increasing (231.49%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 0.34 (USD).Trend:Increase 21.43% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 32.35% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.41 (USD).Trend:Increase 78.26% than previous quarter

Overall: increasing (20.59%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show significant volatility across all key metrics.  Liabilities on revenue declined slightly, yet with considerable variation.  Current assets on revenue increased, but with substantial quarter-to-quarter fluctuation. Cost efficiency, as measured by the ratio of retained earnings to revenue, increased significantly. Investment efficiency and earnings per share also increased, although with notable fluctuations.