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 25.14 (%).Trend:Decrease 69.47% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 61.65 (%).Trend:Increase 145.23% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 33.52 (%).Trend:Decrease 45.63% than previous quarter

Overall: increasing (33.33%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 40.45 (%).Trend:Decrease 66.9% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 121.16 (%).Trend:Increase 199.53% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 59.73 (%).Trend:Decrease 50.7% than previous quarter

Overall: increasing (47.66%). 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 51.55 (%).Trend:Decrease 65.21% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 180.75 (%).Trend:Increase 250.63% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 95.85 (%).Trend:Decrease 46.97% than previous quarter

Overall: increasing (85.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 46.67 (%).Trend:Increase 0.04% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 52.66 (%).Trend:Increase 12.83% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 52.98 (%).Trend:Increase 0.61% than previous quarter

Overall: increasing (13.52%). Fluctuation: **Little** (low 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 57.04 (%).Trend:Increase 5.53% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 62.65 (%).Trend:Increase 9.84% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 62.96 (%).Trend:Increase 0.49% than previous quarter

Overall: increasing (10.38%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 7.71 (USD).Trend:Increase 201.17% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.49 (USD).Trend:Decrease 80.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 2.9 (USD).Trend:Increase 94.63% than previous quarter

Overall: decreasing (-62.39%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2022 to Q2 2023 show mixed results. Working capital efficiency shows fluctuating improvements in liabilities and current assets. Cost efficiency reveals a significant rise in the retained earnings-to-revenue ratio with fluctuations. SG&A expense ratio shows little fluctuation. Investment efficiency demonstrates a consistent increase in retained earnings on assets. Earnings per share trend declined but with some rebound.