Working Capital Efficiency
The data from Quater 2 in 2022 to Quater 3 in 2023 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

Cost Efficiency
The data from Quater 2 in 2022 to Quater 3 in 2023 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2022 Quarter 2: Ratio of Retained Earnings to Revenue 393.12 (%).Trend:Decrease 80.57% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 702.76 (%).Trend:Increase 78.76% than previous quarter
Year 2023 Quarter 3: Ratio of Retained Earnings to Revenue 483.14 (%).Trend:Decrease 31.25% than previous quarter

Overall: increasing (22.9%). Fluctuation: **Significant** (high variation).

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

Invest Efficiency
The data from Quater 2 in 2022 to Quater 3 in 2023 includes 3 quarters.

Retained Earning on Assets
Year 2022 Quarter 2: Retained Earning on Assets 1.8 (%).Trend:Decrease 55.77% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 3.65 (%).Trend:Increase 102.78% than previous quarter
Year 2023 Quarter 3: Retained Earning on Assets 3.67 (%).Trend:Increase 0.55% than previous quarter

Overall: increasing (103.89%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2022 Quarter 2: Earning Per Share -2.09 (USD).Trend:Increase 186.3% than previous quarter
Year 2023 Quarter 2: Earning Per Share 0.96 (USD).Trend:Decrease 145.93% than previous quarter
Year 2023 Quarter 3: Earning Per Share 0.97 (USD).Trend:Increase 1.04% than previous quarter

Overall: increasing (-146.41%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2022 to Q3 2023 show a fluctuating performance. The ratio of retained earnings to revenue displays a slight positive trend (22.9%), but with considerable fluctuations between quarters.  Similarly, retained earnings on assets show an increasing trend (103.89%), though with large quarterly variances.  Earnings per share also present an increasing trend with substantial swings, starting in the negative and ending positive.  Further review into the underlying drivers is necessary.