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 27.77 (%).Trend:Decrease 32.87% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 81.92 (%).Trend:Increase 194.99% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 42.96 (%).Trend:Decrease 47.56% than previous quarter

Overall: increasing (54.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 54.82 (%).Trend:Decrease 31.82% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 159.95 (%).Trend:Increase 191.77% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 76.5 (%).Trend:Decrease 52.17% than previous quarter

Overall: increasing (39.55%). 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 118.34 (%).Trend:Decrease 35.26% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 334.39 (%).Trend:Increase 182.57% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 168.02 (%).Trend:Decrease 49.75% than previous quarter

Overall: increasing (41.98%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.79 (%).Trend:Decrease 3.49% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.84 (%).Trend:Increase 9.73% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.24 (%).Trend:Decrease 5.07% than previous quarter

Overall: increasing (4.17%). 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 44.56 (%).Trend:Increase 0.68% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 45.01 (%).Trend:Increase 1.01% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 46.04 (%).Trend:Increase 2.29% than previous quarter

Overall: increasing (3.32%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 1.41 (USD).Trend:Increase 85.53% than previous quarter
Year 2023 Quarter 1: Earning Per Share 0.68 (USD).Trend:Decrease 51.77% than previous quarter
Year 2023 Quarter 2: Earning Per Share 1.64 (USD).Trend:Increase 141.18% than previous quarter

Overall: increasing (16.31%). Fluctuation: **Significant** (high variation).



Working Capital Efficiency shows significant fluctuations in both liabilities and current assets on revenue, with substantial increases and decreases across the three quarters.  Liabilities on revenue decreased from Q3 2022 to Q2 2023, then increased sharply in Q1 2023 before decreasing again.  Current assets on revenue trended similarly, with large increases and decreases. Cost Efficiency shows a similar pattern in the Ratio of Retained Earnings to Revenue, with a significant increase in Q1 2023 followed by a sharp decrease in Q2 and then another decrease in Q3. SG&A Expense Ratio shows a more stable trend, increasing slightly overall. Investment Efficiency displays a generally steady increase in Retained Earnings on Assets with little fluctuation. Earning Per Share also has significant fluctuations, increasing in Q3 2022, decreasing in Q1 2023, then increasing again in Q2 2023.