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 23.98 (%).Trend:Decrease 32.73% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 70.29 (%).Trend:Increase 193.12% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 35.22 (%).Trend:Decrease 49.89% than previous quarter

Overall: increasing (46.87%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 23.5 (%).Trend:Decrease 33.35% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 67.58 (%).Trend:Increase 187.57% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 33.83 (%).Trend:Decrease 49.94% than previous quarter

Overall: increasing (43.96%). 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 4.41 (%).Trend:Decrease 35.34% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 14.49 (%).Trend:Increase 228.57% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 7.7 (%).Trend:Decrease 46.86% than previous quarter

Overall: increasing (74.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.05 (%).Trend:Increase 6.86% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.92 (%).Trend:Decrease 27.9% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2.85 (%).Trend:Decrease 2.4% than previous quarter

Overall: decreasing (-29.63%). 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 13.71 (%).Trend:Decrease 1.08% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 15.62 (%).Trend:Increase 13.93% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 16.77 (%).Trend:Increase 7.36% than previous quarter

Overall: increasing (22.32%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 4.85 (USD).Trend:Increase 0.0% than previous quarter
Year 2023 Quarter 1: Earning Per Share 5.32 (USD).Trend:Increase 9.69% than previous quarter
Year 2023 Quarter 2: Earning Per Share 11.79 (USD).Trend:Increase 121.62% than previous quarter

Overall: increasing (143.09%). Fluctuation: **Significant** (high variation).



Over the three quarters from Q3 2022 to Q2 2023, key metrics reveal significant increases in liabilities on revenue (46.87%), current assets on revenue (43.96%), and the ratio of retained earnings to revenue (74.6%), all with significant fluctuation.  The SG&A expense ratio decreased (-29.63%), demonstrating moderate variation.  Retained earnings on assets increased moderately (22.32%) with low variation, while earnings per share increased substantially (143.09%) with high variation.