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 28.24 (%).Trend:Decrease 34.72% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 65.48 (%).Trend:Increase 131.87% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 27.88 (%).Trend:Decrease 57.42% than previous quarter

Overall: decreasing (-1.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 66.59 (%).Trend:Decrease 36.71% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 150.4 (%).Trend:Increase 125.86% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 67.69 (%).Trend:Decrease 54.99% than previous quarter

Overall: increasing (1.65%). 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 172.77 (%).Trend:Decrease 38.79% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 347.77 (%).Trend:Increase 101.29% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 175.77 (%).Trend:Decrease 49.46% than previous quarter

Overall: increasing (1.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.55 (%).Trend:Decrease 8.17% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.76 (%).Trend:Decrease 29.21% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.83 (%).Trend:Increase 1.04% than previous quarter

Overall: decreasing (-28.48%). Fluctuation: **Neutral** (moderate 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 56.79 (%).Trend:Decrease 0.09% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 56.53 (%).Trend:Decrease 0.46% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 59.74 (%).Trend:Increase 5.68% than previous quarter

Overall: increasing (5.19%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share -0.37 (USD).Trend:Decrease 30.19% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.92 (USD).Trend:Decrease 348.65% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.46 (USD).Trend:Increase 167.39% than previous quarter

Overall: increasing (-764.86%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2022 to Q2 2023 shows significant volatility.  Liabilities on revenue decreased, rose sharply, and declined again. Current assets on revenue displayed a similar fluctuating trend. Cost efficiency saw a steady reduction in SG&A expenses. Investment efficiency showed slight decreases in retained earnings on assets. Earnings per share showed a significant positive shift in Q1 2023, only to fall sharply in Q2 2023, emphasizing the highly volatile nature of the data.