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 12.08 (%).Trend:Decrease 37.7% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 41.88 (%).Trend:Increase 246.69% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 18.44 (%).Trend:Decrease 55.97% than previous quarter

Overall: increasing (52.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 45.76 (%).Trend:Decrease 26.0% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 181.94 (%).Trend:Increase 297.6% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 99.12 (%).Trend:Decrease 45.52% than previous quarter

Overall: increasing (116.61%). 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 62.33 (%).Trend:Decrease 24.98% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 228.17 (%).Trend:Increase 266.07% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 127.22 (%).Trend:Decrease 44.24% than previous quarter

Overall: increasing (104.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.72 (%).Trend:Increase 5.83% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.42 (%).Trend:Increase 14.83% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.82 (%).Trend:Increase 7.38% than previous quarter

Overall: increasing (23.31%). 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 91.72 (%).Trend:Increase 4.61% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 89.37 (%).Trend:Decrease 2.56% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 92.24 (%).Trend:Increase 3.21% than previous quarter

Overall: increasing (0.57%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 9.0 (USD).Trend:Increase 38.04% than previous quarter
Year 2023 Quarter 1: Earning Per Share 3.0 (USD).Trend:Decrease 66.67% than previous quarter
Year 2023 Quarter 2: Earning Per Share 6.0 (USD).Trend:Increase 100.0% than previous quarter

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



Financial data from Q3 2022 to Q2 2023 shows considerable volatility. Working capital efficiency demonstrates increases with large quarter-to-quarter variations in liabilities and current assets on revenue.  Cost efficiency, measured by the ratio of retained earnings to revenue, exhibits substantial positive fluctuations overall.  The SG&A expense ratio shows moderate fluctuation.  Investment efficiency shows a minor overall increase. Earnings per share show considerable fluctuation.