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 20.97 (%).Trend:Decrease 44.66% than previous quarter
Year 2023 Quarter 1: Liabilities on Revenue 74.64 (%).Trend:Increase 255.94% than previous quarter
Year 2023 Quarter 2: Liabilities on Revenue 34.79 (%).Trend:Decrease 53.39% than previous quarter

Overall: increasing (65.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2022 Quarter 3: Current assets on Revenue 79.59 (%).Trend:Decrease 32.98% than previous quarter
Year 2023 Quarter 1: Current assets on Revenue 270.33 (%).Trend:Increase 239.65% than previous quarter
Year 2023 Quarter 2: Current assets on Revenue 127.46 (%).Trend:Decrease 52.85% than previous quarter

Overall: increasing (60.15%). 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 133.74 (%).Trend:Decrease 28.58% than previous quarter
Year 2023 Quarter 1: Ratio of Retained Earnings to Revenue 434.5 (%).Trend:Increase 224.88% than previous quarter
Year 2023 Quarter 2: Ratio of Retained Earnings to Revenue 221.34 (%).Trend:Decrease 49.06% than previous quarter

Overall: increasing (65.5%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2022 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.61 (%).Trend:Decrease 4.07% than previous quarter
Year 2023 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.0 (%).Trend:Increase 13.1% than previous quarter
Year 2023 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.86 (%).Trend:Decrease 1.17% than previous quarter

Overall: increasing (11.78%). 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 87.83 (%).Trend:Increase 5.73% than previous quarter
Year 2023 Quarter 1: Retained Earning on Assets 83.62 (%).Trend:Decrease 4.79% than previous quarter
Year 2023 Quarter 2: Retained Earning on Assets 88.69 (%).Trend:Increase 6.06% than previous quarter

Overall: increasing (0.98%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2022 Quarter 3: Earning Per Share 6.0 (USD).Trend:Increase 23.2% than previous quarter
Year 2023 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 83.33% than previous quarter
Year 2023 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 200.0% than previous quarter

Overall: decreasing (-50.0%). Fluctuation: **Significant** (high variation).



This analysis, covering Q3 2022 to Q2 2023, reveals fluctuating financial performance. Working Capital Efficiency shows increasing Liabilities on Revenue (65.9%) and Current Assets on Revenue (60.15%), both with significant variation. Cost Efficiency indicates a substantial increase in the Ratio of Retained Earnings to Revenue (65.5%) alongside minimal fluctuation in the SG&A Expense Ratio (11.78%). Invest Efficiency demonstrates a slight increase in Retained Earnings on Assets (0.98%) with low variation, but a significant fluctuation in Earnings Per Share (-50.0%). Overall, the company exhibits considerable volatility across key metrics, suggesting potential instability or rapid changes in operational strategies. The significant fluctuations warrant further investigation to understand the underlying drivers.